1 Albert Drive #11
About This Property
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Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
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Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 28, 2024 | Sold | ||
| Sold | |||
| Aug 21, 2024 | In contract | - | |
| In contract | |||
| Jul 30, 2024 | Listed by Coldwell Banker Realty - Belmont | $360,000 | |
| Listed by Coldwell Banker Realty - Belmont | |||
| | |||
|
Why rent when you can own? This immaculate, freshly painted 2-bed, 1-bath condo in Park Place Condominiums is perfect for commuters. The sunny top-floor unit features an open-concept living room with hardwood floors and an eat-in kitchen. Both bedrooms have hardwood floors and large closets.Enjoy seasonal amenities like an in-ground pool and barbecue areas. Plus, there's additional secured storage in the attic. Conveniently close to major highways and an express bus to Boston. Don’t miss out on this opportunity! Offers if any due Monday 8/5 @ noon
| |||
| Feb 22, 2019 | Sold | ||
| Sold | |||
| Dec 27, 2018 | Listed by Compass | $284,900 | |
| Listed by Compass | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
06/10/2026
|
2 Bed
|
1 Bath
|
820 ft²
|
$365,000
2 Bed
1 Bath
820 ft²
|
$350,000
-4.11%
08/31/2026
|
Kevin Constantine
Keller Williams Realty Boston-Metro | Back Bay
| |
|
04/10/2025
|
2 Bed
|
1 Bath
|
820 ft²
|
$399,999
2 Bed
1 Bath
820 ft²
|
-
-
|
Heather Torra
Aspen Realty Group LLC
| |
|
07/30/2024
|
2 Bed
|
1 Bath
|
820 ft²
|
$360,000
2 Bed
1 Bath
820 ft²
|
$395,000
+9.72%
08/28/2024
|
Kelly Batti
Coldwell Banker Realty - Arlington
| |
|
05/12/2021
|
2 Bed
|
1 Bath
|
820 ft²
|
$290,000
2 Bed
1 Bath
820 ft²
|
$293,000
+1.03%
07/12/2021
|
Cathy Paolillo
Redfin Corp.
| |
|
05/03/2021
|
2 Bed
|
1 Bath
|
820 ft²
|
$299,000
2 Bed
1 Bath
820 ft²
|
$322,000
+7.69%
06/18/2021
|
Jennifer Comee
RE/MAX American Dream
| |
|
04/08/2021
|
2 Bed
|
1 Bath
|
820 ft²
|
$299,900
2 Bed
1 Bath
820 ft²
|
$299,900
09/01/2021
|
Jacquelyn Santini
RE/MAX Encore
| |
|
02/16/2021
|
2 Bed
|
1 Bath
|
820 ft²
|
$319,000
2 Bed
1 Bath
820 ft²
|
$319,000
04/02/2021
|
Dina Kahriman
Dina's Realty, LLC
| |
|
08/07/2019
|
2 Bed
|
1 Bath
|
820 ft²
|
$285,000
2 Bed
1 Bath
820 ft²
|
$290,500
+1.93%
09/30/2019
|
Katie Billingsley
Century 21 North East
| |
|
12/27/2018
|
2 Bed
|
1 Bath
|
820 ft²
|
$284,900
2 Bed
1 Bath
820 ft²
|
$290,000
+1.79%
02/22/2019
|
Joanne Mulkerin
Compass
| |
|
07/21/2017
|
2 Bed
|
1 Bath
|
820 ft²
|
$259,000
2 Bed
1 Bath
820 ft²
|
$276,000
+6.56%
08/23/2017
|
Joseph Firicano
Boston Hub Real Estate
| |
|
02/02/2016
|
2 Bed
|
1 Bath
|
820 ft²
|
$239,900
2 Bed
1 Bath
820 ft²
|
$239,900
03/15/2016
|
Rob Viola
Brad Hutchinson Real Estate
| |
|
09/05/2013
|
2 Bed
|
1 Bath
|
820 ft²
|
$219,900
2 Bed
1 Bath
820 ft²
|
$219,900
10/25/2013
|
Tony Viscione
Keller Williams Realty Boston Northwest
| |
|
03/24/2008
|
2 Bed
|
1 Bath
|
820 ft²
|
$159,000
2 Bed
1 Bath
820 ft²
|
$145,000
-8.81%
05/14/2008
|
Felicity Tuttle
Better Homes and Gardens Real Estate - The Shanahan Group
| |
|
02/17/2006
|
2 Bed
|
1 Bath
|
820 ft²
|
$229,900
2 Bed
1 Bath
820 ft²
|
$221,000
-3.87%
04/28/2006
|
Vanessa O'Donnell
| |
|
10/13/2005
|
2 Bed
|
1 Bath
|
820 ft²
|
$214,900
2 Bed
1 Bath
820 ft²
|
$210,000
-2.28%
11/30/2005
|
Barbara Rossetti
Century 21 Commonwealth
| |
|
08/28/2005
|
2 Bed
|
1 Bath
|
820 ft²
|
$209,900
2 Bed
1 Bath
820 ft²
|
$202,000
-3.76%
04/26/2006
|
Wilhemina Kanelos
EXIT Premier Real Estate
| |
|
08/02/2005
|
2 Bed
|
1 Bath
|
820 ft²
|
$227,900
2 Bed
1 Bath
820 ft²
|
$216,000
-5.22%
12/29/2005
|
Kathleen Briand
Prudential Preferred Realty
| |
|
06/16/2003
|
2 Bed
|
1 Bath
|
820 ft²
|
$189,900
2 Bed
1 Bath
820 ft²
|
$185,000
-2.58%
08/15/2003
|
Roland Spadafora
CENTURY 21 GR Associates
| |
|
05/01/2003
|
1 Bed
|
1 Bath
|
525 ft²
|
$139,900
1 Bed
1 Bath
525 ft²
|
$139,900
08/04/2003
|
Donna Russell
Prudential Ursula Stephan
| |
|
08/04/2001
|
2 Bed
|
1 Bath
|
820 ft²
|
$169,900
2 Bed
1 Bath
820 ft²
|
$169,900
09/28/2001
|
Doris Carlson
Fudge Properties
| |
|
11/08/2000
|
2 Bed
|
1 Bath
|
820 ft²
|
$145,000
2 Bed
1 Bath
820 ft²
|
$145,000
01/30/2001
|
Debra Ahern Weber
Exit Personal Choice Realty
| |
|
03/23/2000
|
1 Bed
|
1 Bath
|
465 ft²
|
$79,900
1 Bed
1 Bath
465 ft²
|
$72,900
-8.76%
06/16/2000
|
Lee Staaf
Carlson GMAC Real Estate
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017