22 Bates 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 |
|---|---|---|---|
| Jun 20, 2025 | Sold | ||
| Sold | |||
| May 18, 2025 | In contract | - | |
| In contract | |||
| May 6, 2025 | Listed | $1,090,000 | |
| Listed | |||
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Welcome to 22 Bates Rd—a beautifully updated 1930s center-entrance Colonial in East Arlington. The sunlit grand living room features a cozy fireplace and an adjoining study. The renovated kitchen boasts sleek white cabinetry, granite countertops, and stainless steel appliances, flowing into an open-concept dining area. Enjoy the spacious backyard oasis with a flagstone patio, perfect for summer barbecues and gardening. Upstairs, the spacious primary suite includes a walk-in closet and en-suite bathroom. Two additional bedrooms, another updated full bathroom, and a versatile bonus room provide ample space. The walk-up attic offers potential for expansion or storage. Additional highlights include a detached garage with extra parking and a full basement with laundry facilities. Located just a short walk from Capitol Square’s shops, restaurants, and the Minuteman Bikeway, with easy access to public transit, Cambridge, and Boston. Don’t miss this rare opportunity to own a classic home.
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| Aug 28, 2018 | Sold | ||
| Sold | |||
| Jun 28, 2018 | Listed by Bowes Real Estate Real Living | $749,000 | |
| Listed by Bowes Real Estate Real Living | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017