116 Bishop Dr #116
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%.
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 |
|---|---|---|---|
| Jan 12, 2021 | Sold | ||
| Sold | |||
| Nov 18, 2020 | Listed by Pablo Maia Realty | $229,900 | |
| Listed by Pablo Maia Realty | |||
| Feb 28, 2007 | Sold | ||
| Sold | |||
| Oct 9, 2006 | Listed by Isos Realty, LLC | $189,000 | |
| Listed by Isos Realty, LLC | |||
| | |||
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Popular Bishop Terrace Condominium Townhome, a well kept professionally managed complex. Includes all appliances, new windows,updated bath,updated kitchen with new cabinets and countertops.Replaced carpet on the first floor. Move right in and enjoy. Basement is clean and neat ready to be finished into a familyroom. Washer and dryer are included as well. Easy walk to the train and easy access to Route 9 and the MA Pike. Condo fee includes heat and hot water.
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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 |
|---|---|---|---|---|---|---|---|
|
11/18/2020
|
2 Bed
|
1 Bath
|
1156 ft²
|
$229,900
2 Bed
1 Bath
1156 ft²
|
$240,000
+4.39%
01/12/2021
|
Alinne Da Cunha
Coldwell Banker Realty - Northborough
| |
|
10/09/2006
|
2 Bed
|
1 Bath
|
1156 ft²
|
$189,000
2 Bed
1 Bath
1156 ft²
|
$183,500
-2.91%
02/28/2007
|
Helen Johnson
Coldwell Banker Realty - Natick
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017