24 Armory 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 |
|---|---|---|---|
| Jun 27, 2025 | Sold | ||
| Sold | |||
| May 29, 2025 | In contract | - | |
| In contract | |||
| May 21, 2025 | Listed | $659,900 | |
| Listed | |||
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Meticulously maintained and full of charm, this brick home in the heart of Wakefield offers a warm and inviting layout. Hardwood floors run throughout the main level, which features a granite kitchen with center island, stainless steel appliances, and a formal dining room that opens to the living room, perfect for entertaining. A full bathroom, home office, and cozy sunroom overlooking the backyard complete the first floor. Upstairs are two generously sized bedrooms. The fully fenced backyard includes a large deck and access to the detached 1-car garage. The basement offers extra storage, a gym area, and a laundry space with LVP flooring. Located in a quiet residential neighborhood just moments from downtown Wakefield, the Common, and Lake Quannapowitt. Close to all major highways and the commuter rail, making this a commuter’s dream. Don’t miss this one!
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| Jun 22, 2017 | Sold | ||
| Sold | |||
| May 10, 2017 | Listed by Century 21 Commonwealth | $399,900 | |
| Listed by Century 21 Commonwealth | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017