159 W Third #1
About This Property
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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.
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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 |
|---|---|---|---|
| Apr 4, 2022 | Sold | ||
| Sold | |||
| Jan 7, 2022 | Listed by Compass | $1,195,000 | |
| Listed by Compass | |||
| | |||
|
Spacious 2 bed and 3 full bath condo located in a South Boston Brownstone. Enter to an open floor plan with high ceilings and oversized windows revealing natural light throughout. Gourmet kitchen features stainless steel appliances and granite countertops. Exposed brick walls continue to the large family room with gas fireplace. The main living floor has two bedrooms and two full baths with a private enclosed patio off the primary bedroom. California closets added to closets throughout the home. Full interior staircase leads down to the bottom floor. As you enter you will see a custom bar with built-ins and tap alongside the downstairs living room. Laundry room is extensive with storage and washer dryer side by side adjacent to a full bathroom. This home is complete with hardwood floors throughout, central AC, private storage, and low condo fees. Close to all restaurants and shops on Broadway! Don’t wait for open house, book your private showing today!
| |||
| Nov 2, 2011 | Sold | ||
| Sold | |||
| Aug 5, 2011 | Listed by Compass | $549,000 | |
| Listed by Compass | |||
| | |||
|
CITYSIDE GEM. Located in the shadow of the Boston Convention Center at the entrance to the South Boston Seaport District, this recently renovated 1900 sq ft, 2BR/3BA, bi-level condominium is a must see! Oak flooring, gas fireplace, HVAC, custom mouldings, 3 tile and marble baths, 80 sq ft laundry room, generous closet and storage space, and a private rear deck and patio. Short distance from public transportation and shopping district.
| |||
| Nov 15, 2006 | Sold | ||
| Sold | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
04/08/2026
|
2 Bed
|
2 Bath
|
1153 ft²
|
$849,000
2 Bed
2 Bath
1153 ft²
|
$843,000
-0.71%
06/18/2026
|
Reece Liang
Keep It Realty, LLC
| |
|
07/10/2024
|
2 Bed
|
2 Bath
|
1153 ft²
|
$859,000
2 Bed
2 Bath
1153 ft²
|
-
-
|
Jackie Rooney Team
Rooney Real Estate, LLC
| |
|
01/07/2022
|
2 Bed
|
3 Bath
|
1900 ft²
|
$1,195,000
2 Bed
3 Bath
1900 ft²
|
$1,195,000
04/04/2022
|
Craig Brody
Berkshire Hathaway HomeServices Warren Residential
| |
|
07/09/2021
|
2 Bed
|
2 Bath
|
1218 ft²
|
$859,000
2 Bed
2 Bath
1218 ft²
|
$892,000
+3.84%
08/16/2021
|
The Roach and Sherman Team
Compass
| |
|
05/09/2013
|
2 Bed
|
2 Bath
|
1153 ft²
|
$539,000
2 Bed
2 Bath
1153 ft²
|
$528,000
-2.04%
07/18/2013
|
Arlene Ktona
Coldwell Banker Realty - Belmont
| |
|
08/08/2012
|
2 Bed
|
2 Bath
|
1218 ft²
|
$539,900
2 Bed
2 Bath
1218 ft²
|
$535,000
-0.91%
10/12/2012
|
Ultan Connolly
Vogt Realty Group
| |
|
08/05/2011
|
2 Bed
|
3 Bath
|
1900 ft²
|
$549,000
2 Bed
3 Bath
1900 ft²
|
$539,000
-1.82%
11/02/2011
|
Jay Rooney
Compass
| |
|
07/14/2006
|
2 Bed
|
3 Bath
|
1900 ft²
|
$569,000
2 Bed
3 Bath
1900 ft²
|
$545,000
-4.22%
11/15/2006
|
Jay Rooney
Compass
| |
|
06/08/2006
|
2 Bed
|
2 Bath
|
1218 ft²
|
$499,000
2 Bed
2 Bath
1218 ft²
|
$475,000
-4.81%
11/03/2006
|
Ultan Connolly
Vogt Realty Group
| |
|
07/10/2005
| |
6 Bed
|
3 Bath
|
3504 ft²
|
$759,000
6 Bed
3 Bath
3504 ft²
|
$735,000
-3.16%
09/01/2005
|
Jay Rooney
Compass
|
Building Info
About South Boston
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017