16 Hartness Road #D
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%.
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 28, 2023 | Sold | ||
| Sold | |||
| Jul 15, 2023 | In contract | - | |
| In contract | |||
| May 22, 2023 | Listed by Selective Homes Realty | $237,500 | |
| Listed by Selective Homes Realty | |||
| | |||
|
This is a 4 unit smaller complex located off Boston Road and the town cemetery next door provides for a quieter location. Unit has pull down attic stairs for additional storage and a locked storage room in basement for added convenience. Unit is sunny and has a deck area off second (kitchen) door for easy access. FHA heating system was newly installed only six years ago and assessment and taxes are very low providing for lower cost living.
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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 |
|---|---|---|---|---|---|---|---|
|
03/13/2024
|
2 Bed
|
1 Bath
|
1124 ft²
|
$289,900
2 Bed
1 Bath
1124 ft²
|
$289,900
04/30/2024
|
David Restic
Property Services Network
| |
|
05/22/2023
|
2 Bed
|
1 Bath
|
954 ft²
|
$240,000
2 Bed
1 Bath
954 ft²
|
$237,500
-1.04%
08/28/2023
|
Robert Marquedant
Selective Homes Realty
| |
|
05/02/2023
|
2 Bed
|
1 Bath
|
811 ft²
|
$229,900
2 Bed
1 Bath
811 ft²
|
$230,000
+0.04%
06/16/2023
|
Robert Marquedant
Selective Homes Realty
| |
|
12/05/2011
|
1 Bed
|
1 Bath
|
781 ft²
|
$12,900
1 Bed
1 Bath
781 ft²
|
$11,000
-14.73%
02/17/2012
|
Seth Campbell Realty Group
Keller Williams Realty Westborough
| |
|
08/29/2010
|
1 Bed
|
1 Bath
|
811 ft²
|
$34,900
1 Bed
1 Bath
811 ft²
|
-
-
|
Seth Campbell Realty Group
Keller Williams Realty Westborough
| |
|
08/02/2010
|
1 Bed
|
1 Bath
|
781 ft²
|
$40,000
1 Bed
1 Bath
781 ft²
|
-
-
|
Terrance Brennan
Real Living Barbera Associates | Worcester
| |
|
11/03/1999
|
1 Bed
|
1 Bath
|
1124 ft²
|
$29,900
1 Bed
1 Bath
1124 ft²
|
$25,000
-16.39%
04/11/2000
|
Beverly Cancelmo
RE/MAX Advantage 1
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017