162 Bishop Drive #162
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%.
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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.
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 |
|---|---|---|---|
| Dec 1, 2017 | Sold | ||
| Sold | |||
| Jul 7, 2017 | Listed by StartPoint Realty | $189,900 | |
| Listed by StartPoint Realty | |||
| | |||
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Enjoy low-maintenance living in this move-in ready, sun-filled, well maintained 2BR/1BA townhouse in Bishop Terrace Condominiums! Open flr plan, newer wall AC, and windows that look out to courtyards, which are great for play/entertaining. Updated kitchen, walk-in pantry, and newer appliances incl SS dishwasher. Spacious MBR with newer wall AC, and ceiling fan; 2nd BR; updated bathroom incl re-glazed tub; and attic access for storage. Full, private, partially finished basement perfect for office/family/workout rm. Laundry rm has washer/dryer hook-ups & storage. Wall-to-wall Berber carpet & vinyl replacement windows throughout. Updated electrical. Entire home freshly painted! Condo fee incl HEAT, on-site private pool w/lifeguard, 1 reserved+1 visitor pkg space and more. This bright, updated home is in a well-managed complex mins from the Natick/Framingham Commuter Rails & Natick Mall.
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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 |
|---|---|---|---|---|---|---|---|
|
07/30/2017
| |
2 Bed
|
1 Bath
|
1156 ft²
|
$205,000
2 Bed
1 Bath
1156 ft²
|
$183,500
-10.49%
12/01/2017
|
Argentina Arias
|
|
07/07/2017
|
2 Bed
|
1 Bath
|
1156 ft²
|
$189,900
2 Bed
1 Bath
1156 ft²
|
$183,500
-3.37%
12/01/2017
|
Argentina Arias
Image Realty
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017