2 Shiraz Lane (29 Great Road)
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 |
|---|---|---|---|
| May 15, 2020 | Sold | ||
| Sold | |||
| Jan 2, 2020 | Listed by Redfin Corp. | $749,000 | |
| Listed by Redfin Corp. | |||
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Model unit for sale! Exceptional opportunity to purchase this move-in ready home. A significant price reduction is only available for a Buyer able to close quickly. Conveniently located in East Acton nearby the Concord line with easy access to restaurants and shopping, Shiraz Lane rises above Great Road where the private cul-de-sac of ten detached condominium homes are now under construction at First Village in Acton. The main floor is open and elegant with 9-foot ceilings, hard wood floors and custom contemporary trim and crown moldings. Off the main hall is a private room for a den or guests, adjacent to a full bath. The mud room from the oversized two car garage includes a bench, coat hooks and cubbies.The staircase leading to the basement is open and leads to a finished lower hallway and family room The second-floor features two large bedrooms joined by a Jack and Jill bath with double sink. The master bedroom suite includes an en suite with a large shower, and walk in closet.
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| Jan 16, 2002 | Sold | ||
| Sold | |||
| Oct 15, 1998 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017