2 Kendalls Mill #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 |
|---|---|---|---|
| May 20, 2016 | Sold | ||
| Sold | |||
| Mar 10, 2016 | Listed by Leading Edge Real Estate | $405,000 | |
| Listed by Leading Edge Real Estate | |||
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Lovely townhouse for sale at the desirable Quail Run Condominium Community near the Woburn/Lexington line. This home is light and bright with spacious rooms ideal for relaxing or entertaining. The first floor offers an eat-in kitchen with a pass-thru to the dining room, the living room with a fireplace and sliders leading out to the private deck plus a half bathroom. The second floor offers two bedrooms each with two large windows and two large closets plus a full bathroom accessed from both the master bedroom and the upstairs hallway. This is the perfect opportunity to enjoy carefree condo living. This unit has an unfinished walk-out lower level. Quail Run is a community set back from the main road in a superb location just 5 minutes from Routes 128 and 3, and 10 minutes from Route 93. There are 94 townhouses designed in 6 clusters, each centered around a "Village Green". Amenities include a tennis court and in-ground, heated pool.
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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 |
|---|---|---|---|---|---|---|---|
|
03/10/2016
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2 Bed
|
2 Bath
|
1190 ft²
|
$405,000
2 Bed
2 Bath
1190 ft²
|
$394,200
-2.67%
05/20/2016
|
Eileen Hamblin
Leading Edge Real Estate
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Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017