16 Lawrence St
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 |
|---|---|---|---|
| Jun 25, 2021 | Sold | ||
| Sold | |||
| Oct 7, 2020 | Sold | ||
| Sold | |||
| Aug 13, 2020 | Listed by Keller Williams Realty Boston-Metro | Back Bay | $1,699,000 | |
| Listed by Keller Williams Realty Boston-Metro | Back Bay | |||
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DEVELOPMENT OPPORTUNITY!! This Federal-style townhouse is in an ideal South End location, just 3 blocks away from the Back Bay T station, Copley Place and the Prudential Center, situated on a lovely and quiet, tree-lined street. The home features multiple bedrooms, 2.5 baths, front parlor room, a large open kitchen, a family room downstairs, and a private garden in back. This is an excellent possibility for any developer as a new luxury, single-family home. Buyer must perform own due diligence. ALL OFFERS DUE BY AUGUST 30th AT NOON. Informal Personal Representative (Executor) has been appointed. Some lenders require the appointment of the formal PR. Check with your lender.
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| Jun 25, 2020 | No longer available | - | |
| No longer available | |||
| Jun 9, 2020 | Listed by Keller Williams Realty Boston-Metro | Back Bay | $1,699,000 | |
| Listed by Keller Williams Realty Boston-Metro | Back Bay | |||
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About South End
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$6,215 /mo
- 2 Beds
- 2 Baths
- 1,140 ft²
$3,595 /mo
- Studio
- 1 Bath
- 476 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017