10 Danforth Lane #10
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 |
|---|---|---|---|
| May 23, 2019 | Sold | ||
| Sold | |||
| Apr 5, 2019 | Listed by Radius Real Estate Center, LLC | $629,900 | |
| Listed by Radius Real Estate Center, LLC | |||
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Located on a Corner Lot at Red Mill Village "The Expanded Ipswich" is a Classic Center Entrance Detached Home. The Open Concept Floor Plan allows for an expansive living space from the Kitchen into the Living Room which features a gas fireplace and built-in TV cabinet. The Kitchen offers Wolfe appliances and lots cabinetry featuring a center island w/bar seating & a dining area. The Butler's Pantry with wine fridge leads into an extra large Dining Room. This home filters in lots of natural sunlight. It's Newly sanded & polished Hardwood Floors expand throughout most of the 1st floor. The Master Bedroom suite with it's soaring ceilings also offers 2 well organized walk in closets & a master bath w/whirlpool tub. Also on the 1st floor is a nice size Den & Laundry Room. The Huge Bonus Room is ideal for a Home Office. The 2nd Floor offers 2 bedrooms & a full bath. Never loose power again w/whole house generator! Private & fenced in outdoor patio & 2 Car Garage. Minutes from I495!
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Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
04/05/2019
|
3 Bed
|
3 Bath
|
3178 ft²
|
$629,900
3 Bed
3 Bath
3178 ft²
|
$605,000
-3.95%
05/23/2019
|
Olimpia Carmone
Radius Real Estate Center, LLC
| |
|
08/15/2005
|
3 Bed
|
2 Bath
|
2616 ft²
|
$593,000
3 Bed
2 Bath
2616 ft²
|
$692,140
+16.72%
03/03/2006
|
Nancy McLaughlin
Redfin Corp.
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017