22 Reed St
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 |
|---|---|---|---|
| Dec 14, 2022 | Sold | ||
| Sold | |||
| Nov 16, 2022 | In contract | - | |
| In contract | |||
| Nov 5, 2022 | Price Decreased |
$739,000
↓ $10K
(1.3%) | |
| Price Decreased | |||
| Oct 27, 2022 | Listed by Engel & Volkers Boston | $749,000 | |
| Listed by Engel & Volkers Boston | |||
| | |||
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Idyllic country esque living just six miles from Boston. Nestled between Whipple Hill Conservation area and McClennen Park this charming colonial borders Lexington on a private, publicly maintained road in desirable Arlington Heights. This extremely well maintained home boasts hardwood floors throughout. Updated appliances, back splashes,counters and cabinets compliment the eat in kitchen which has been converted from electric to gas cooking. Enjoy your morning coffee from the back deck overlooking Whipple Hill's abundant nature. Flexible floor plans on both the first and second floors provides the opportunity to create a harmonious entertaining, living and work space. With the partially finished basement giving you abundant storage or the chance to expand the living area for the growing family. With Arlington Reservoir Beach, Minuteman Bike Path, the 67 and the 77 bus all with in walking distance and two off street parking spots your commute to work or play pres endless possibilities
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| Oct 25, 2022 | Withdrawn | - | |
| Withdrawn | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017