22 Denmark Lane #22
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 |
|---|---|---|---|
| Jul 17, 2024 | Sold | ||
| Sold | |||
| Jun 5, 2024 | Listed by Louise Condon Realty | $799,000 | |
| Listed by Louise Condon Realty | |||
| | |||
|
Welcome to this tastefully updated townhome in vibrant Needham Center. Tucked in a private setting close to shopping and restaurants. Spacious sun filled living room with fireplace and large glass sliding door to private deck for outdoor enjoyment & relaxation. Open living room & dining room combination. Updated eat-in kitchen w/ granite counters & upgraded cabinets, picture window and pantry closet. First floor guest half bath. The second floor boasts two bedrooms including a generous primary bedroom with en suite bath & double closets. Hallway full bath & laundry. Finished lower level offers flexible space for family room, home office or gym, & storage room. Many updates include new windows & slider, trex deck, heating system, diswasher, refrigerator, and carpeting. Parking includes one carport space, an additional outside space adjacent to the condo & ample guest parking. Nicely maintained, all owner occupied, 17 unit complex. Pet Friendly. By appointment book a private tour today!
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| Apr 8, 2015 | Sold | ||
| Sold | |||
| Feb 15, 2015 | Listed by William Raveis R.E. & Home Services | $549,000 | |
| Listed by William Raveis R.E. & Home Services | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
06/05/2024
|
2 Bed
|
3 Bath
|
2082 ft²
|
$799,000
2 Bed
3 Bath
2082 ft²
|
$800,000
+0.13%
07/17/2024
|
Louise Condon
Louise Condon Realty
| |
|
02/15/2015
|
2 Bed
|
3 Bath
|
2082 ft²
|
$549,000
2 Bed
3 Bath
2082 ft²
|
$540,000
-1.64%
04/08/2015
|
Jane Brace
Century 21 The Alexanders
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017