256 Georgetown Rd #7
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 |
|---|---|---|---|
| Mar 15, 2023 | Sold | ||
| Sold | |||
| Feb 16, 2023 | In contract | - | |
| In contract | |||
| Feb 6, 2023 | Listed by RE/MAX 360 | $259,000 | |
| Listed by RE/MAX 360 | |||
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Boxford Meeting Place - Fantastic rare opportunity at one of the few commercial locations in Boxford! Bright & impeccably maintained commercial condo presents a multitude of business opportunities in this well-established small strip of Boxford frequently visited businesses including a local pizza business & daycare. Formerly used as a doctor's office, the layout of this unit is great for a small business, medical office, and many others. The large main waiting room area is filled with natural sunlight and opens to a reception area. There are three rooms in the back area of the office which are perfect for private office spaces or can be used to meet a different need. Two large handicapped accessible bathrooms and a kitchenette add extra convenience to this great space. This is an opportunity you won't want to pass you by!
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Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
02/06/2023
|
Loft
|
2 Bath
|
-
|
$259,000
Loft
2 Bath
|
$250,000
-3.47%
03/15/2023
|
Patrick Murphy
Coldwell Banker Realty - Concord
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017