2 Sheraton Park
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 15, 2025 | Temporarily off market | - | |
| Temporarily off market | |||
| Jul 10, 2025 | Listed | $2,450,000 | |
| Listed | |||
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Resort-style living awaits in this one-of-a-kind East Arlington haven, perfectly positioned on the edge of Spy Pond. With water views from nearly every room, this 4-bed, 3.5-bath home invites you to live in sync w/ nature, wrapped in modern luxury. Thoughtfully gut-renovated in 2017–18, it offers 3,500+ sq ft of high-end design that balances calm, comfort & connection. The custom kitchen wows w/ Viking appliances, Dektan countertops & a sculptural island—opening directly to one of four decks for effortless indoor/outdoor living. The sun-filled living room features a fireplace & the dining area is ideal for gatherings. Upstairs, the oversized primary suite includes a spa-like bath & walk-in closet. Two more bedrooms, a full bath & a spacious bonus room (or second primary) open to the roof deck w/ panoramic 180° views. A finished lower level flexes as guest suite, gym, or office. Complete w/ indoor/outdoor sauna, fenced yard, & just minutes to Alewife, Cambridge & Arlington’s best.
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| Mar 8, 2017 | Sold | ||
| Sold | |||
| Jan 26, 2017 | Listed by Century 21 Adams KC | $849,000 | |
| Listed by Century 21 Adams KC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017