2 Michael Rd
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%.
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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 1, 2024 | Sold | ||
| Sold | |||
| Mar 28, 2024 | In contract | - | |
| In contract | |||
| Mar 20, 2024 | Listed by Berkshire Hathaway HomeServices Commonwealth Real Estate | $684,000 | |
| Listed by Berkshire Hathaway HomeServices Commonwealth Real Estate | |||
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You won't want to miss this one! Nestled against conservation land. Unusually private setting. Loaded with architectural detail. Quality materials throughout. A modern open feel. A 50-year shingled roof in 2004. A high efficiency boiler installed in 2009. A spacious sun room. Exercise room. Updates throughout. Inside you will find a thoroughly warm and beautiful home that has been lovingly maintained and updated over the years.You will be struck by the attention to detail and the little conveniences that make this home so special. Situated close to Route 2 Maynard is a great commuter location. In addition, Maynard has terrific shopping and dining choices downtown and at the new Maynard Crossing .So don't wait. Schedule a showing or attend the Open House and then make 2 Michael Road your new home. Subject to sellers finding suitable housing. Sellers are actively looking.
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| Jul 29, 2005 | Sold | ||
| Sold | |||
| Jun 29, 2005 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017