Beautifully renovated, second floor, two bedroom, one bath
unit at the Villa Grande Condominiums. This property is one
of the largest units and offers 970 sq feet of living on one level
. Upgrades include wood plank floors
through out, newly painted and a renovated bath with custom, glass
shower enclosure and radiant flooring. Enjoy your spacious,
open concept, living room/dining room with sliders to
private, tree lined balcony and lots of natural light. The
kitchen offers an abundance of cabinets, tiled floor, newer
appliances and pass-through opening into living room. The oversized
, master suite with custom walk-in closet will Wow
you!! The second bedroom has double closets and
great storage.. The condo fee INCLUDES HEAT AND HOT WATER,
and more! Elevated building, pet friendly, laundry,
assigned parking space #50 with plenty of visitor parking and
minutes to major highways, commuter rail, Oak Grove T-station, fine
restaurants and Boston! A must see!!!!
Unit Size
970 Ft²
Days on Market
-
Land Size
-
Price per sqft
$319
Property Type
Condo
Property Taxes
$229
HOA Dues
$465
Year Built
-
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Cap Rate Calculator
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Cap Rate
100% Occupancy
N/A (extreme outlier)
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.
Appliances: Dishwasher, Disposal, Microwave, Countertop Range, Refrigerator, Gas Water Heater, Utility Connections for Electric Range, Utility Connections for Electric Oven
Flooring Type: Wood, Tile
Laundry Features: First Floor, In Building
Rooms: 5
Basement: N
Parking Details
Parking Features: Off Street, Assigned, Guest, Paved
HOA/Condo/Coop Amenities: Hot Water, Laundry, Elevator(s)
Association Fee Frequency: Monthly
HOA Fee: $465
Community Features: Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Stable(s), Medical Facility, Laundromat, Bike Path, Conservation Area, House of Worship, Public School, T-Station
Pets Allowed: Yes w/ Restrictions
Complex is Completed
Management: Professional - On Site
157 Franklin
#B3,
Stoneham, MA,
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