21 Jacob Way #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 |
|---|---|---|---|
| Nov 17, 2023 | Sold | ||
| Sold | |||
| Oct 10, 2023 | In contract | - | |
| In contract | |||
| Oct 6, 2023 | Listed by Compass | $824,900 | |
| Listed by Compass | |||
| Jul 23, 2015 | Sold | ||
| Sold | |||
| Apr 22, 2015 | Listed by Compass | $615,900 | |
| Listed by Compass | |||
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This newer construction 3 bedroom 2 full & 2 half bathroom corner-unit townhouse was built in 2013 and offers low-maintenance luxury living at its finest! So new that it is still under warranty and green certified! Enjoy 3-levels of living space and a gracious open floor plan and stunning custom wood blinds throughout. Sun-filled kitchen featuring stainless steel Whirlpool appliances, gas oven and granite counters. Hardwood floors on first level and upgraded carpeting throughout bedrooms. Relax in the master bedroom with beautiful tray ceiling which flows into master bathroom. Other details include recessed lighting, crown molding, wainscoting, cozy gas fireplace with carrara marble, 9-ft ceilings, 2 car garage, central air and more. This is a desirable end-unit with a yard, located in a 25 acre neighborhood with walking trails, a clubhouse and fitness room! Close to major highways, the Reading MBTA Station and just 10 miles north of Boston this home is a perfect commuter location!
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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 |
|---|---|---|---|---|---|---|---|
|
10/06/2023
|
3 Bed
|
4 Bath
|
1911 ft²
|
$824,900
3 Bed
4 Bath
1911 ft²
|
$830,000
+0.62%
11/17/2023
|
Sal Dipinto
Coldwell Banker Realty - Winchester
| |
|
04/22/2015
|
3 Bed
|
4 Bath
|
2098 ft²
|
$615,900
3 Bed
4 Bath
2098 ft²
|
$587,500
-4.61%
07/23/2015
|
Susan McLaren
Compass
| |
|
01/11/2013
|
3 Bed
|
4 Bath
|
2098 ft²
|
$534,825
3 Bed
4 Bath
2098 ft²
|
$527,085
-1.45%
03/29/2013
|
Elizabeth Pacini
Black Door Realty Group, LLC
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017