2 Backriver 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 | |||
| Dec 7, 2020 | Sold | ||
| Sold | |||
| Oct 9, 2020 | Listed by Coldwell Banker Realty - Hingham | $1,049,000 | |
| Listed by Coldwell Banker Realty - Hingham | |||
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Sunny end unit townhouse at desirable Back River Condominiums. Spacious open floor plan is great for entertaining. Gracious living room features floor to ceiling windows, custom built ins, gas fireplace and crown molding. Open dining room has custom crown molding, french doors out to a large deck overlooking private back and side yards. Large gourmet kitchen has center island with granite counter tops and stainless appliances. Large master bedroom with 2 walk in closets and big master bath with double vanity and soaking tub. 2 generous sized guest bedrooms and full bath. Walk out lower level boast of a family room with full windows, exercise room, full bath and doors out to shaded patio. Oversized 2 car garage. Wonderful farmers porch that connects to back deck. Minutes away to commuter boat, train, shopping and restaurants.
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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 |
|---|---|---|---|---|---|---|---|
|
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