2 Albert Drive #1
About This Property
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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 30, 2022 | Sold | ||
| Sold | |||
| May 11, 2022 | Listed by Classified Realty Group | $299,900 | |
| Listed by Classified Realty Group | |||
| | |||
|
Why rent when you can own!! Immaculately maintained and freshly painted this 2 bed 1 bath condo in Park Place Condominiums is a commuters dream. Sunny front facing unit features open concept living room with hardwood flooring open to the kitchen with breakfast bar, equipped with granite counter tops and neutral back splash, new microwave and refrigerator in stainless steel, plenty of pantry space and storage. Main bedroom has new ceiling fan and light, laminate flooring, generously sized and organized shelving in closet. The second bedroom has updated lighting, previously fit a queen sized bed and is now being used as an office. Full bathroom with tub and shower. Enjoy Seasonal in ground pool and out door barbecue areas. Additional secured storage locker in common attic space. Close to major highways and express bus to Boston. Don't miss this one! First showing at Open house Friday 5/13th from 4:30-6:00, Sat/Sun 12-2.
| |||
| Apr 1, 2019 | Sold | ||
| Sold | |||
| Jan 30, 2019 | Listed by Coldwell Banker Realty - Lynnfield | $275,000 | |
| Listed by Coldwell Banker Realty - Lynnfield | |||
| | |||
|
Amazing opportunity for home ownership in this spacious and updated two bedroom condominium! The open concept living/dining room is perfect for entertaining, is filled with natural light, and features hardwood flooring. The master bedroom has ample closet space and there is an additional storage space in the building as well. Enjoy easy maintenance in this professionally managed association which includes snow removal, landscaping, and trash removal. Laundry is conveniently located on the floor, and exterior amenities such as in-ground pool, grilling patio, and guest parking make this condo a great place to call home. Close proximity to major highways (93 & 95) make this location ideal for commuters!
| |||
| Feb 27, 2017 | Sold | ||
| Sold | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
09/07/2022
|
2 Bed
|
1 Bath
|
929 ft²
|
$319,000
2 Bed
1 Bath
929 ft²
|
$330,000
+3.45%
10/18/2022
|
Erica Covelle
Compass
| |
|
05/11/2022
|
2 Bed
|
1 Bath
|
820 ft²
|
$299,900
2 Bed
1 Bath
820 ft²
|
$325,500
+8.54%
06/30/2022
|
Katie Varney
Classified Realty Group
| |
|
03/18/2020
|
2 Bed
|
1 Bath
|
820 ft²
|
$285,000
2 Bed
1 Bath
820 ft²
|
$310,000
+8.77%
04/30/2020
|
The Kim Perrotti Team
Leading Edge Real Estate
| |
|
01/30/2019
|
2 Bed
|
1 Bath
|
820 ft²
|
$275,000
2 Bed
1 Bath
820 ft²
|
$290,000
+5.45%
04/01/2019
|
Olivia Brown
Keller Williams Realty
| |
|
07/18/2018
|
2 Bed
|
1 Bath
|
820 ft²
|
$268,000
2 Bed
1 Bath
820 ft²
|
$270,000
+0.75%
08/14/2018
|
Nick Kondilis
Steve Bremis Realty Group
| |
|
10/25/2017
|
2 Bed
|
1 Bath
|
815 ft²
|
$265,900
2 Bed
1 Bath
815 ft²
|
$257,000
-3.35%
01/29/2018
|
Jennifer Ann Scali
Century 21 North East
| |
|
01/31/2017
|
2 Bed
|
1 Bath
|
820 ft²
|
$249,900
2 Bed
1 Bath
820 ft²
|
$250,000
+0.04%
03/14/2017
|
Robert Ciccarelli
Ciccarelli Homes
| |
|
10/06/2016
|
2 Bed
|
1 Bath
|
820 ft²
|
$239,900
2 Bed
1 Bath
820 ft²
|
$239,900
02/27/2017
|
Jeannie McClean
Monarch Realty Group, LLC
| |
|
04/24/2014
|
2 Bed
|
1 Bath
|
820 ft²
|
$210,000
2 Bed
1 Bath
820 ft²
|
$194,000
-7.62%
07/11/2014
|
Amanda George
Century 21 Shawmut Properties
| |
|
03/31/2014
|
2 Bed
|
1 Bath
|
815 ft²
|
$195,000
2 Bed
1 Bath
815 ft²
|
$190,000
-2.56%
07/10/2014
|
Janine Elkhoury
RE/MAX Andrew Realty Services
| |
|
10/08/2013
|
2 Bed
|
1 Bath
|
820 ft²
|
$210,000
2 Bed
1 Bath
820 ft²
|
$210,000
12/24/2013
|
Cynthia Dell'Isola
RE/MAX Andrew Realty Services
| |
|
02/24/2010
|
2 Bed
|
1 Bath
|
820 ft²
|
$174,900
2 Bed
1 Bath
820 ft²
|
$172,000
-1.66%
06/04/2010
|
Joseph DiMatteo
Century 21 North East
| |
|
04/27/2009
|
2 Bed
|
1 Bath
|
820 ft²
|
$169,900
2 Bed
1 Bath
820 ft²
|
$164,000
-3.47%
06/26/2009
|
Robert Mee
| |
|
08/15/2008
|
2 Bed
|
1 Bath
|
820 ft²
|
$169,000
2 Bed
1 Bath
820 ft²
|
$163,000
-3.55%
12/02/2008
|
James Major
Lamacchia Realty, Inc.
| |
|
03/15/2008
|
2 Bed
|
1 Bath
|
820 ft²
|
$169,000
2 Bed
1 Bath
820 ft²
|
$155,000
-8.28%
08/29/2008
|
Joan Collins
Prudential Preferred Realty
| |
|
04/20/2007
|
2 Bed
|
1 Bath
|
820 ft²
|
$209,900
2 Bed
1 Bath
820 ft²
|
$206,000
-1.86%
06/22/2007
|
Jean Cullinane
Lamacchia Realty, Inc.
| |
|
04/02/2007
|
2 Bed
|
1 Bath
|
815 ft²
|
$179,000
2 Bed
1 Bath
815 ft²
|
$175,000
-2.23%
09/21/2007
|
Marie Shannon
EXIT Premier Real Estate
| |
|
01/22/2007
|
2 Bed
|
1 Bath
|
820 ft²
|
$204,900
2 Bed
1 Bath
820 ft²
|
$204,000
-0.44%
03/28/2007
|
Gerald Barrett
Barrett, Chris. J., REALTORS®
| |
|
06/15/2005
|
2 Bed
|
1 Bath
|
820 ft²
|
$219,900
2 Bed
1 Bath
820 ft²
|
$221,450
+0.70%
08/11/2005
|
Patti Parker
RE/MAX Encore
| |
|
07/21/2004
|
2 Bed
|
1 Bath
|
820 ft²
|
$229,900
2 Bed
1 Bath
820 ft²
|
$225,000
-2.13%
10/01/2004
|
Doris Carlson
Fudge Properties
| |
|
03/15/2004
|
2 Bed
|
1 Bath
|
820 ft²
|
$179,900
2 Bed
1 Bath
820 ft²
|
$180,000
+0.06%
04/27/2004
|
Cheryl Pendenza
RE/MAX Andrew Realty Services
| |
|
03/13/2003
|
2 Bed
|
1 Bath
|
820 ft²
|
$169,900
2 Bed
1 Bath
820 ft²
|
$175,000
+3.00%
04/16/2003
|
Laurie Devereaux
Century 21 Advance Realty
| |
|
01/24/2002
|
2 Bed
|
1 Bath
|
820 ft²
|
$175,000
2 Bed
1 Bath
820 ft²
|
$170,000
-2.86%
02/28/2002
|
Sue Coe
J. Mulkerin Realty
| |
|
09/12/2000
|
2 Bed
|
1 Bath
|
820 ft²
|
$149,000
2 Bed
1 Bath
820 ft²
|
$149,000
10/31/2000
|
Debra Ahern Weber
Exit Personal Choice Realty
| |
|
05/03/1999
|
2 Bed
|
1 Bath
|
820 ft²
|
$109,900
2 Bed
1 Bath
820 ft²
|
$105,000
-4.46%
07/15/1999
|
Daniel Fabbri
Century 21 Advance Realty
| |
|
05/13/1998
|
2 Bed
|
1 Bath
|
840 ft²
|
$94,900
2 Bed
1 Bath
840 ft²
|
$84,900
-10.54%
06/30/1998
|
Patricia Marsh
Realty Executives Marsh & Associates
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017