2 Bates Road #2
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 |
|---|---|---|---|
| Aug 28, 2019 | Sold | ||
| Sold | |||
| Jun 21, 2019 | Listed by Hestia | $1,190,000 | |
| Listed by Hestia | |||
| May 20, 2016 | Sold | ||
| Sold | |||
| Mar 28, 2016 | Listed by Compass | $849,000 | |
| Listed by Compass | |||
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Beautiful nearly new townhouse with amazing space & convenient location in Winchester. Walking distance from the acclaimed Muraco school, Leonard field and beach, and Winchester Center, this home features hardwood floors, a fully modern kitchen, a gas fireplace, a private yard (front/side to fence), and one-car garage, and ample storage space. The kitchen boasts stainless steel Elextrolux appliances, a large, granite island counter for food preparation, as well as seating. The open living/kitchen combo is perfect for entertaining, and has direct access to the yard. Large formal dining room, full bath, and office/bedroom complete this level, which is ideal for 1-level living. The main BR suite has a walk-in closet, & a private bath that features a double sink & large, walk-in, glass-enclosed decorator-tiled shower. In addition, there are 3 large bedrooms, and 2 full baths on the 2nd level, and a large partially finished space on the third level. Easy access to train, Rte. 93 and Boston.
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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 |
|---|---|---|---|---|---|---|---|
|
06/21/2019
|
5 Bed
|
3 Bath
|
4200 ft²
|
$1,190,000
5 Bed
3 Bath
4200 ft²
|
$1,190,000
08/28/2019
|
Julie Darcangelo
Coldwell Banker Realty
| |
|
03/28/2016
|
5 Bed
|
3 Bath
|
3238 ft²
|
$849,000
5 Bed
3 Bath
3238 ft²
|
$875,000
+3.06%
05/20/2016
|
Lucille Murray
Compass
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017