20 Denmark Lane #20
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 |
|---|---|---|---|
| Oct 30, 2013 | Sold | ||
| Sold | |||
| Jun 20, 2013 | Listed by Louise Condon Realty | $469,000 | |
| Listed by Louise Condon Realty | |||
| | |||
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Unique Townhouse Condo located in a private enclave in Needham Center. Beautifully Renovated Condo has a New Granite Kitchen with SS Appliances, Dining Nook, & Custom White Cabinetry. The formal Dining & Living Rooms include Hardwood Floors, a Wood Burning Fireplace & a Gorgeous Custom Mantel. Spacious Bedrooms & Closets. Newly Updated Baths. Second Floor Laundry. Finished Lower Level w/ Family Room & Office/Guest Area. Private Deck. Carport. Brand New Heating and Central Air System. Pristine Condition. Walk to Train, Shops & Restaurants. Move Right In!
| |||
| Nov 30, 2007 | Sold | ||
| Sold | |||
| Oct 15, 2007 | Listed by Louise Condon Realty | $389,900 | |
| Listed by Louise Condon Realty | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
06/20/2013
|
2 Bed
|
2 Bath
|
2082 ft²
|
$469,000
2 Bed
2 Bath
2082 ft²
|
$455,710
-2.83%
10/30/2013
|
Tish Kennedy Dolan
Louise Condon Realty
| |
|
10/15/2007
|
2 Bed
|
3 Bath
|
1388 ft²
|
$389,900
2 Bed
3 Bath
1388 ft²
|
$368,500
-5.49%
11/30/2007
|
Joy Langley
Realty Executives Boston West
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017