2 Back River Rd #2
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 29, 2024 | Sold | ||
| Sold | |||
| Feb 16, 2024 | In contract | - | |
| In contract | |||
| Feb 13, 2024 | Listed by Coldwell Banker Realty - Hingham | $1,250,000 | |
| Listed by Coldwell Banker Realty - Hingham | |||
| | |||
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Welcome to this sun-drenched end unit townhouse located in the sought-after Backriver Condominiums. The spacious open floor plan is perfectly designed for every day living and entertaining, with a gracious living room w/floor-to-ceiling windows, custom built-ins and a cozy gas fireplace. The adjacent dining room, also featuring oversized windows, opens up to a deck providing a nice outdoor retreat. The expansive gourmet kitchen includes a large center island and stainless appliances. Dramatic floating staircase open on all 3 floors. The primary suite w/vaulted ceiling offers 2 walk-in closets and a luxurious master bath. Two generously sized guest bedrooms and another full bath complete the second floor. The walk-out lower level offers a family room w/full windows, a bonus room w/bar, a full bath, and access to a patio. Oversized 2-car garage. Minutes away from the Hingham Shipyard with lots of restaurants and the commuter boat, and easy access to Bare Cove Park's beautiful trails.
| |||
| Dec 7, 2020 | Sold | ||
| Sold | |||
| Oct 9, 2020 | Listed by Coldwell Banker Realty - Hingham | $1,049,000 | |
| Listed by Coldwell Banker Realty - Hingham | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
02/13/2024
|
3 Bed
|
4 Bath
|
3082 ft²
|
$1,250,000
3 Bed
4 Bath
3082 ft²
|
$1,310,000
+4.80%
04/29/2024
|
Tara Coveney
Coldwell Banker Realty - Hingham
| |
|
10/09/2020
|
3 Bed
|
4 Bath
|
3000 ft²
|
$1,049,000
3 Bed
4 Bath
3000 ft²
|
$1,015,000
-3.24%
12/07/2020
|
Joanne Conway
William Raveis R.E. & Home Services
| |
|
01/13/2012
|
3 Bed
|
3 Bath
|
3168 ft²
|
$850,000
3 Bed
3 Bath
3168 ft²
|
$890,168
+4.73%
12/03/2013
|
Joanne Conway
William Raveis R.E. & Home Services
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017