12 Arnold Cir #2
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 |
|---|---|---|---|
| Aug 9, 2023 | Sold | ||
| Sold | |||
| Jul 4, 2023 | In contract | - | |
| In contract | |||
| Jun 22, 2023 | Price Decreased |
$1,050,000
↓ $25K
(2.3%) | |
| Price Decreased | |||
| Jun 10, 2023 | Price Decreased |
$1,075,000
↓ $50K
(4.4%) | |
| Price Decreased | |||
| Apr 30, 2023 | Price Decreased |
$1,125,000
↓ $45K
(3.9%) | |
| Price Decreased | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
11/16/2022
|
1 Bed
|
2 Bath
|
-
|
$910,350
1 Bed
2 Bath
|
-
-
|
The Entwistle Group
Cityscapes International Realty
| |
|
02/28/2023
|
3 Bed
|
2 Bath
|
1476 ft²
|
$1,499,000
3 Bed
2 Bath
1476 ft²
|
$1,425,000
-4.94%
04/14/2023
|
Aranson Maguire Group
Compass
| |
|
10/26/2022
|
3 Bed
|
2 Bath
|
-
|
$1,549,800
3 Bed
2 Bath
|
-
-
|
The Entwistle Group
Cityscapes International Realty
| |
|
08/12/2022
|
2 Bed
|
2 Bath
|
-
|
$1,319,760
2 Bed
2 Bath
|
-
-
|
The Entwistle Group
Cityscapes International Realty
| |
|
08/11/2022
|
3 Bed
|
2 Bath
|
-
|
$1,571,940
3 Bed
2 Bath
|
-
-
|
The Entwistle Group
Cityscapes International Realty
| |
|
01/19/2023
|
1 Bed
|
2 Bath
|
1164 ft²
|
$749,000
1 Bed
2 Bath
1164 ft²
|
$749,000
08/01/2023
|
Aranson Maguire Group
Compass
| |
|
09/13/2022
|
2 Bed
|
2 Bath
|
788 ft²
|
$899,000
2 Bed
2 Bath
788 ft²
|
$840,000
-6.56%
12/02/2022
|
Laura Palumbo-Hanson
Gibson Sotheby's International Realty
| |
|
10/07/2022
|
3 Bed
|
2 Bath
|
-
|
$1,608,840
3 Bed
2 Bath
|
-
-
|
The Entwistle Group
Cityscapes International Realty
| |
|
09/28/2022
|
2 Bed
|
2 Bath
|
1344 ft²
|
$1,250,000
2 Bed
2 Bath
1344 ft²
|
$1,230,000
-1.60%
12/12/2022
|
Gail Roberts, Ed Feijo & Team
Coldwell Banker Realty - Cambridge
| |
|
08/12/2022
|
2 Bed
|
2 Bath
|
-
|
$925,900
2 Bed
2 Bath
|
-
-
|
The Entwistle Group
Cityscapes International Realty
| |
|
08/17/2022
|
1 Bed
|
1 Bath
|
550 ft²
|
$649,000
1 Bed
1 Bath
550 ft²
|
$632,000
-2.62%
12/27/2022
|
The Entwistle Group
Cityscapes International Realty
| |
|
08/11/2022
|
1 Bed
|
1 Bath
|
550 ft²
|
$649,000
1 Bed
1 Bath
550 ft²
|
$699,000
+7.70%
11/04/2022
|
The Home Group
Coldwell Banker Realty - Lynnfield
|
Building Info
About Mid-Cambridge
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017