21 Emerson Rd #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%.
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 10, 2017 | Sold | ||
| Sold | |||
| Aug 7, 2017 | Listed by Lantern Residential | $360,000 | |
| Listed by Lantern Residential | |||
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Welcome to the charming 21 Emerson Road in Winthrop by the Sea! This sweet home is oozing with lovingly maintained original detail. Check out the dramatic beams and never painted woodwork, handsome brick fireplace and original built-in china hutch in the dining room. Pristine hardwood floors throughout are framed by an abundance of windows letting in glorious light. Updated kitchen with Butlers Pantry for extra storage just waiting for a chef's touch, home office, 2 generous size bedrooms and full bath round out this large space. Enjoy the quaint sunroom overlooking the grassy, serene yard. An added BONUS awaits you in the attic ~ Master bedroom suite, Theatre room, Man-cave, She-Shed...so many possibilities to expand for the future! Detached garage and ample driveway provide plenty of parking. 7 miles from Boston, minutes to Logan Int'l Airport, a short distance to the beach and a convenient water shuttle to downtown Boston are just a few things that this seaside village has to offer!
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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 |
|---|---|---|---|---|---|---|---|
|
08/07/2017
|
2 Bed
|
1 Bath
|
1314 ft²
|
$360,000
2 Bed
1 Bath
1314 ft²
|
$365,000
+1.39%
10/10/2017
|
Susan Charbonnier
Coldwell Banker Residential Brokerage - Boston - Charlestown
| |
|
04/06/2015
|
3 Bed
|
1 Bath
|
1314 ft²
|
$297,000
3 Bed
1 Bath
1314 ft²
|
$305,000
+2.69%
07/02/2015
|
Sharon Tallent
Compass
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017