21 Cortland Drive #21
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%.
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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.
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 3, 2017 | Sold | ||
| Sold | |||
| Aug 17, 2017 | Listed by Compass | $389,900 | |
| Listed by Compass | |||
| Jul 10, 2013 | Sold | ||
| Sold | |||
| Apr 15, 2013 | Listed by Keller Williams Boston Metrowest | $319,000 | |
| Listed by Keller Williams Boston Metrowest | |||
| | |||
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This wonderful unit at The Villages at Stow enjoys lovely views over the green. Hardwood floors on the first floor, bright open sunny floor plan. Master suite plus two family bedrooms and bath on the second floor, Two car garage and large basement for storage. Walk to the park. New school, apple orchards, and Lake Boone are all close by. Enjoy the best of both worlds: a quiet neighborhood with easy commuting to 495 and the T into Boston just minutes away.
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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 |
|---|---|---|---|---|---|---|---|
|
01/11/2024
|
3 Bed
|
3 Bath
|
1987 ft²
|
$539,000
3 Bed
3 Bath
1987 ft²
|
$555,000
+2.97%
02/28/2024
|
Stephanie Lachapelle
Compass
| |
|
08/17/2017
|
3 Bed
|
3 Bath
|
1987 ft²
|
$389,900
3 Bed
3 Bath
1987 ft²
|
$389,900
10/03/2017
|
Stephanie Lachapelle
Compass
| |
|
04/15/2013
|
3 Bed
|
3 Bath
|
1513 ft²
|
$319,000
3 Bed
3 Bath
1513 ft²
|
$319,000
07/10/2013
|
Susan Revis
Compass
| |
|
03/13/2009
|
3 Bed
|
3 Bath
|
1695 ft²
|
$294,900
3 Bed
3 Bath
1695 ft²
|
$294,900
09/20/2009
|
Mark Sullivan
MCO Realty Service, LLC
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017