10 Worcester Street #2
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 |
|---|---|---|---|
| Jun 18, 2014 | Sold | ||
| Sold | |||
| Apr 21, 2014 | Listed by RE/MAX Destiny | $699,000 | |
| Listed by RE/MAX Destiny | |||
| | |||
|
Spacious 4+ BR, two level home located midway between Central Square and Inman Square. This condo has updated kitchen with Maple cabinets, stainless appliances and 2 full baths. There is great flexibility of floor plan to use it as 4+ bedroom home or open up one of the main floor bedrooms to enhance living/dining space. In-unit laundry is a plus as well as a full bathroom on both floors to allow for privacy of au pair or guests. One bath has luxurious tiled walk-in shower with glass door, other bath has whirlpool soaking tub. The side yard is for exclusive use by the owners of this unit, so get out your gardening gloves. There is also a small rear deck from the main floor. Brand new 2014 Weil-McLain boiler and tons of storage space in the basement. On-street parking is easy in this neighborhood, but you don't have to walk far to reach Whole Foods Market, on Prospect Street - just 4 blocks away, and an 8 minute walk to Central Square T stop.
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| Feb 27, 2009 | Sold | ||
| Sold | |||
| Oct 9, 2008 | Listed by Berkshire Hathaway HomeServices Verani Realty | $479,000 | |
| Listed by Berkshire Hathaway HomeServices Verani Realty | |||
| | |||
|
Great location luxury condominium walk to Central/Inman Square.7 rooms 3+bedrooms, office area,2 full baths,Jacuzzi tub,granite counters,stainless appliances,Maple cabinets,gleaming hardwood floors,new appliances,cathedral ceilings,skylight,move in condition.1600+ square feet of living area.Owner will entertain offers between $425,000-$ 479,000
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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 |
|---|---|---|---|---|---|---|---|
|
04/21/2014
|
4 Bed
|
2 Bath
|
1634 ft²
|
$699,000
4 Bed
2 Bath
1634 ft²
|
$710,000
+1.57%
06/18/2014
|
Dez DeCarlo
RE/MAX Destiny
| |
|
10/09/2008
|
4 Bed
|
2 Bath
|
1634 ft²
|
$479,000
4 Bed
2 Bath
1634 ft²
|
$450,000
-6.05%
02/27/2009
|
John Gearty
Berkshire Hathaway HomeServices Verani Realty
| |
|
07/30/2001
|
2 Bed
|
1 Bath
|
871 ft²
|
$289,000
2 Bed
1 Bath
871 ft²
|
$287,000
-0.69%
01/31/2002
|
Paula Dowd
Dowd Properties
| |
|
06/27/2000
| |
8 Bed
|
-
|
-
|
$629,000
8 Bed
-
|
$520,000
-17.33%
12/06/2000
|
Paula Dowd
Dowd Properties
|
Building Info
About Area IV
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017