1 Strathmore Road #2
About This Property
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What does this mean?
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 |
|---|---|---|---|
| Jan 17, 2023 | Sold | ||
| Sold | |||
| Nov 13, 2022 | In contract | - | |
| In contract | |||
| Oct 27, 2022 | Listed by Compass | $1,529,000 | |
| Listed by Compass | |||
| | |||
|
This second floor unit is in a boutique four unit brownstone condominium building luxuriously reconstructed and renovated by one of the area's top builders and architects. Offering sun-filled rooms with bay windows and multiple exposures. The finish work is impeccable, including kitchens and bathrooms with modern esthetics. This unit is composed of an open great room with distinct areas for the kitchen, living room and dining room. There are 3 bedrooms and 2 full bathrooms, including the primary bedroom suite with 2 walk in closets. Additional features include in-unit laundry, private mechanicals, one parking space and ample in-unit storage. The building is in an ultra-convenient Brookline location with exceptionally easy access to Cleveland Circle, Washington Square, B, C and D lines of the MBTA, parks, trails, schools and a wonderful blend of local and national shops & restaurants. Early fall occupancy.
| |||
| Oct 26, 2022 | No longer available | - | |
| No longer available | |||
| Oct 19, 2022 | Price Decreased |
$1,529,000
↓ $20K
(1.3%) | |
| Price Decreased | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
07/26/2022
|
3 Bed
|
2 Bath
|
-
|
$1,519,000
3 Bed
2 Bath
|
-
-
|
Montgomery Carroll Group
Compass
| |
|
09/13/2022
|
3 Bed
|
2 Bath
|
-
|
$1,549,000
3 Bed
2 Bath
|
-
-
|
Montgomery Carroll Group
Compass
| |
|
07/27/2022
|
2 Bed
|
2 Bath
|
1557 ft²
|
$1,349,000
2 Bed
2 Bath
1557 ft²
|
$1,100,000
-18.46%
12/12/2022
|
Montgomery Carroll Group
Compass
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017