Essex
2 Cranberry Lane #2
$425,000
●
Condo -
Off Market
2 Cranberry Lane #2
Middleton, MA 01949
2 Beds
3 Baths,
1
Half Bath
2,600 Ft²
$949,732
RealtyHop Estimate
106.51%
Since Nov 1, 2008
MA-Boston
Primary Model
About This Property
OPEN HOUSE EVERY SUNDAY 12-3. NEW CONSTRUCTION. End Model unit,
loads of upgrades. Cedar Wood Estates located on a 30 acre setting
in a prestigious gated community for 55+ offers 42 distinctly
designed townhomes with dramatic open floor plan. This end unit
features gracious LR with gas FP & skylights. Gourmet kitchen with
granite, formal dining area 1st & 2nd flr MBR w/full baths.Spacious
loft family room w/balcony. 1st flr w/HW flrs, walk-in closets, AC,
vacuum & security. 2 car garage
Unit Size
2,600 Ft²
Days on Market
-
Land Size
-
Price per sqft
$177
Property Type
Condo
Property Taxes
-
HOA Dues
$256
Year Built
2008
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 4 years ago (MLSPIN #70780520)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 12, 2013 | Sold | ||
| Sold | |||
| Jul 10, 2012 | Listed by Coldwell Banker Realty | $429,900 | |
| Listed by Coldwell Banker Realty | |||
| | |||
|
Bright end unit at "Cranberry Commons" with loads of upgrades.This an active 55 and older community. Dramatic two story foyer with loft overlooking sky-lit and fireplaced living room, full dining room, Cherry cabinets and granite kitchen with island and Stainless appliances.1st floor master suite, huge amount of closet space and storage throughout, hardwood, cent a/c, cent vac, security system, full sized washer and dryer in laundry room and so much more. Different floor plan.
| |||
| Oct 7, 2008 | Sold | ||
| Sold | |||
| Jun 19, 2008 | Listed by J. Barrett & Company | $459,900 | |
| Listed by J. Barrett & Company | |||
Property Highlights
Air Conditioning
Garage
Parking Available
Fireplace
Interior Details
Level: First
Width: 16
Length: 11
Features: Flooring - Hardwood, Countertops - Stone/Granite/Solid
Area: 176
Level: First
Features: Bathroom - Half, Flooring - Stone/Ceramic Tile
Level: Second
Features: Walk-In Closet(s), Flooring - Wall to Wall Carpet
Width: 18
Length: 15
Area: 270
Width: 12
Features: Flooring - Hardwood
Length: 11
Level: First
Area: 132
Features: Bathroom - Full, Flooring - Stone/Ceramic Tile
Level: First
Length: 16
Level: First
Area: 288
Features: Skylight, Cathedral Ceiling(s), Flooring - Hardwood
Width: 18
Features: Walk-In Closet(s), Flooring - Hardwood
Level: First
Length: 15
Width: 25
Area: 375
Features: Bathroom - Full, Flooring - Stone/Ceramic Tile
Level: Second
Features: Yes
Half Bathrooms: 1
Full Bathrooms: 2
Interior Features: Balcony - Interior, Loft, Central Vacuum
Appliances: Range, Dishwasher, Disposal, Microwave, Electric Water Heater, Tank Water Heater, Utility Connections for Gas Range
Flooring Type: Wood, Plywood, Tile, Carpet, Flooring - Wall to Wall Carpet
Rooms: 6
Has Fireplace
Fireplace Features: Living Room
Fireplaces: 1
Basement: N
Parking Details
Has Garage
Attached Garage
Parking Features: Attached, Garage Door Opener, Deeded, Assigned, Off Street
Garage Spaces: 2
Exterior Details
Entry Level: 1
Security Features: Security Gate, Security System
Year Built Source: Owner
Year Built Details: Actual
PropertySubType: Condominium
Building Name: Cedar Wood Estates
Structure Type: Townhouse
Stories (Total): 2
Building Area Units: Square Feet
Window Features: Insulated Windows
Lead Paint: None
Lot Size Units: Acres
Zoning: R
Water Source: Public, City/Town Water
Utilities Details
Utilities: for Gas Range
Cooling Type: Central Air
Heating Type: Forced Air, Natural Gas
Sewer : Private Sewer, Private Sewerage
Location Details
HOA/Condo/Coop Fee Includes: Insurance, Maintenance Structure, Road Maintenance, Maintenance Grounds, Snow Removal, Trash
HOA Fee: $256
Community Features: Shopping, Park, Golf, Medical Facility
Pets Allowed: Yes w/ Restrictions
Management: Developer Control
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
07/10/2012
|
2 Bed
|
3 Bath
|
2600 ft²
|
$429,900
2 Bed
3 Bath
2600 ft²
|
$415,000
-3.47%
06/12/2013
|
Catherine Ghandchi
Coldwell Banker Realty
| |
|
06/19/2008
|
2 Bed
|
3 Bath
|
2600 ft²
|
$459,900
2 Bed
3 Bath
2600 ft²
|
$425,000
-7.59%
10/07/2008
|
Donna Snyder
J. Barrett & Company
|
Building Info
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017