147 Franklin Street #2
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 |
|---|---|---|---|
| Aug 6, 2020 | Sold | ||
| Sold | |||
| Jun 25, 2020 | Listed by Keller Williams Realty Boston Northwest | $775,000 | |
| Listed by Keller Williams Realty Boston Northwest | |||
| Dec 31, 2013 | Sold | ||
| Sold | |||
| Nov 8, 2013 | Listed by Compass | $529,000 | |
| Listed by Compass | |||
| | |||
|
Stunning gut renovated 2 level condo located near Arlington Center, Mystic Lakes, and West Medford. Open concept living room, dining room, kitchen, and open area for home office or play room. The kitchen features lots of cabinet space, granite counters, fully applianced, breakfast bar with seating for two or three. There is one bedroom on the main level and tiled full bath. The upper level has 2 beds, in-unit laundry and another full bath. Lovely back porch overlooking the yard. Features include central air, garage parking, and beautiful details throughout. This is a must see!
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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 |
|---|---|---|---|---|---|---|---|
|
09/04/2024
|
3 Bed
|
2 Bath
|
1172 ft²
|
$765,000
3 Bed
2 Bath
1172 ft²
|
$740,000
-3.27%
11/20/2024
|
Matthew Czepiel
Lamacchia Realty, Inc.
| |
|
06/22/2022
|
3 Bed
|
2 Bath
|
1172 ft²
|
$699,000
3 Bed
2 Bath
1172 ft²
|
$730,000
+4.43%
07/22/2022
|
Jamie Conn
Classified Realty Group
| |
|
06/25/2020
|
3 Bed
|
2 Bath
|
1772 ft²
|
$775,000
3 Bed
2 Bath
1772 ft²
|
$806,000
+4.00%
08/06/2020
|
Ed Greable & Company
Keller Williams Realty
| |
|
11/08/2013
|
3 Bed
|
2 Bath
|
1400 ft²
|
$529,000
3 Bed
2 Bath
1400 ft²
|
$529,000
12/31/2013
|
Paula Narenkivicius
Compass
| |
|
11/08/2013
|
3 Bed
|
2 Bath
|
1200 ft²
|
$459,000
3 Bed
2 Bath
1200 ft²
|
$445,000
-3.05%
01/07/2014
|
Stephen McKenna
Gibson Sotheby's International Realty
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017