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106 Myrtle Street #8
About This Property
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Cap Rate Calculator
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%.
How much can I actually make?
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 |
---|---|---|---|
Nov 10, 2024 | No longer available | - | |
No longer available | |||
Oct 26, 2024 | Withdrawn | - | |
Withdrawn | |||
Oct 15, 2024 | Price Decreased |
$1,050,000
↓ $45K
(4.1%) | |
Price Decreased | |||
Sep 13, 2024 | Listed by Redfin Corp. | $1,095,000 | |
Listed by Redfin Corp. | |||
Apr 30, 2019 | Sold | ||
Sold |
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
09/13/2024
|
2 Bed
|
1 Bath
|
782 ft²
|
$1,095,000
2 Bed
1 Bath
782 ft²
|
-
-
|
-
|
Joanne Rodrigues
Redfin Corp.
| |
08/22/2023
|
2 Bed
|
1 Bath
|
780 ft²
|
$825,000
2 Bed
1 Bath
780 ft²
|
$840,000
+1.82%
09/19/2023
|
-
|
Driggin Stivaletta Real Estate
Compass
| |
03/30/2022
|
1 Bed
|
1 Bath
|
718 ft²
|
$600,000
1 Bed
1 Bath
718 ft²
|
$615,000
+2.50%
06/07/2022
|
Peter Given
The Charles Realty
| ||
11/20/2019
|
2 Bed
|
1 Bath
|
720 ft²
|
$820,000
2 Bed
1 Bath
720 ft²
|
$824,500
+0.55%
03/13/2020
|
-
|
Brett Campbell
Gibson Sotheby's International Realty
| |
03/20/2019
|
2 Bed
|
1 Bath
|
780 ft²
|
$889,900
2 Bed
1 Bath
780 ft²
|
$900,000
+1.13%
04/30/2019
|
-
|
The McLaren Team
Compass
| |
03/17/2016
|
1 Bed
|
1 Bath
|
718 ft²
|
$475,000
1 Bed
1 Bath
718 ft²
|
$501,400
+5.56%
05/10/2016
|
The Gillach Group
Berkshire Hathaway HomeServices Warren Residential
| ||
06/04/2015
|
2 Bed
|
1 Bath
|
720 ft²
|
$699,000
2 Bed
1 Bath
720 ft²
|
$705,000
+0.86%
08/03/2015
|
Fine Homes Group
Keller Williams Realty Boston-Metro | Back Bay
| ||
05/15/2014
|
2 Bed
|
1 Bath
|
780 ft²
|
$639,000
2 Bed
1 Bath
780 ft²
|
$694,000
+8.61%
06/30/2014
|
-
|
Sally T. Brewster
Brewster & Berkowitz R. E.
| |
03/21/2013
|
2 Bed
|
1 Bath
|
780 ft²
|
$599,000
2 Bed
1 Bath
780 ft²
|
$636,500
+6.26%
06/13/2013
|
-
|
MacDonald Tucker Team
Coldwell Banker Realty - Charlestown
| |
07/12/2010
|
1 Bed
|
1 Bath
|
718 ft²
|
$479,000
1 Bed
1 Bath
718 ft²
|
$458,000
-4.38%
09/23/2010
|
Susan Johnson
Coldwell Banker Realty - Back Bay
| ||
06/25/2010
|
2 Bed
|
1 Bath
|
780 ft²
|
$549,000
2 Bed
1 Bath
780 ft²
|
$500,000
-8.93%
06/08/2011
|
-
|
Richard Hollander
Donnelly + Co.
| |
01/14/2010
|
2 Bed
|
1 Bath
|
780 ft²
|
$589,000
2 Bed
1 Bath
780 ft²
|
$561,000
-4.75%
02/16/2010
|
-
|
Jessica Quirk
Coldwell Banker Realty - Back Bay
| |
06/15/2009
|
2 Bed
|
1 Bath
|
780 ft²
|
$559,000
2 Bed
1 Bath
780 ft²
|
$536,000
-4.11%
11/04/2009
|
-
|
Stephen Tucker
Coldwell Banker - The Hammond Group
| |
10/30/2008
|
2 Bed
|
1 Bath
|
720 ft²
|
$519,000
2 Bed
1 Bath
720 ft²
|
$505,000
-2.70%
04/13/2009
|
-
|
Sarah McGinty
Otis & Ahearn, Inc.
| |
06/19/2008
|
2 Bed
|
1 Bath
|
718 ft²
|
$499,000
2 Bed
1 Bath
718 ft²
|
$480,000
-3.81%
07/31/2008
|
-
|
Scott Schweser
Hammond Residential
| |
10/11/2005
|
2 Bed
|
1 Bath
|
780 ft²
|
$549,000
2 Bed
1 Bath
780 ft²
|
$534,000
-2.73%
01/20/2006
|
-
|
Paul Conti
Hammond Residential
| |
01/26/2003
|
2 Bed
|
1 Bath
|
780 ft²
|
$499,000
2 Bed
1 Bath
780 ft²
|
$485,000
-2.81%
04/14/2003
|
-
|
Linda Christman
Hammond Residential
| |
03/29/2000
|
2 Bed
|
1 Bath
|
718 ft²
|
$389,000
2 Bed
1 Bath
718 ft²
|
$360,000
-7.46%
06/29/2000
|
-
|
George Pollard
Coldwell Banker Realty - Back Bay
|
Building Info
