16
Map
15 Newburg St #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.
You can learn more about cap rate here .
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
May 9, 2024 | Sold | ||
Sold | |||
Mar 25, 2024 | In contract | - | |
In contract | |||
Mar 18, 2024 | Price Decreased |
$412,600
↓ $7K
(1.6%) | |
Price Decreased | |||
Mar 14, 2024 | Relisted | $419,500 | |
Relisted | |||
Feb 21, 2024 | In contract | - | |
In contract |
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
06/08/2020
|
1 Bed
|
1 Bath
|
-
|
$339,000
1 Bed
1 Bath
|
$350,000
+3.24%
07/20/2020
|
-
|
John Maxfield
Boston Real Estate Cooperative
| |
04/19/2017
|
3 Bed
|
2 Bath
|
-
|
$449,000
3 Bed
2 Bath
|
$500,000
+11.36%
06/20/2017
|
Ellen, Janis and Josh Real Estate Tea
Keller Williams Realty
| ||
03/17/2016
|
1 Bed
|
1 Bath
|
-
|
$249,000
1 Bed
1 Bath
|
$285,000
+14.46%
05/13/2016
|
-
|
Irene Kerzner
Hammond Residential Real Estate
| |
03/01/2005
|
3 Bed
|
2 Bath
|
-
|
$365,000
3 Bed
2 Bath
|
$345,000
-5.48%
06/23/2005
|
-
|
Patsy Brennan
Vogt Realty Group
| |
01/26/2002
|
1 Bed
|
1 Bath
|
-
|
$185,000
1 Bed
1 Bath
|
$180,000
-2.70%
05/30/2002
|
-
|
Carole White
Carole White Associates
| |
02/21/2001
|
1 Bed
|
1 Bath
|
-
|
$159,000
1 Bed
1 Bath
|
$155,500
-2.20%
07/01/2001
|
-
|
Kevin Monahan
Conway - West Roxbury
|