246 Prairie Street
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 |
|---|---|---|---|
| Aug 27, 2025 | Sold | ||
| Sold | |||
| Jul 20, 2025 | In contract | - | |
| In contract | |||
| Jul 9, 2025 | Price Decreased |
$1,150,000
↓ $75K
(6.1%) | |
| Price Decreased | |||
| Jun 18, 2025 | Listed by RE/MAX Real Estate Center | $1,225,000 | |
| Listed by RE/MAX Real Estate Center | |||
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Welcome to West Concord Village! This gem of a home is located in the most sought after neighborhood in West Concord and within walking distance to highly rated Thoreau School, shopping, and the "T" station. Set back from the street on a spacious, level lot in a friendly neighborhood, it features 4 bedrooms, 2.5 baths, central air, and two fireplaces for comfortable living at its best. The main level boasts beautiful hardwood floors and vaulted ceilings with skylights in the kitchen, living, and dining areas. The bright kitchen showcases granite countertops, a new stainless steel range and dishwasher, and new tile floor. Three bedrooms include a generous primary bedroom with an en-suite bath for added convenience. The walkout lower level offers a spacious family room with an exposed brick wall and fireplace, a fourth bedroom, a half bath with laundry, and direct access to an oversized garage. Step outside to a new deck and fenced yard, providing a peaceful outdoor space for relaxation.
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| Oct 1, 2020 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017