27-1 Central Rd #1
About This Property
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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.
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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 25, 2025 | Sold | ||
| Sold | |||
| Jun 11, 2025 | In contract | - | |
| In contract | |||
| Jun 4, 2025 | Listed | $1,175,000 | |
| Listed | |||
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|
Ideally-situated Central Hill duplex condominium unit, gut renovated c. 2023. Enter via the generous setback at the bend of this quiet side road—Central Road, off Central Street, just north of Highland Avenue—to a wonderfully renovated and smartly laid-out home. Open living/kitchen/dining with flexibility for multiple distinct seating areas, and a bright front office overlooking the front lawn. Two bedrooms and a full bathroom on the main level; two more bedrooms, both with en suite baths, on the lower level, including an oversized primary suite with walk-in closet. Side by side laundry, garage parking, and a lovely, exclusive-use back yard for entertaining, grilling, and gardening. Less than 10 minutes' walk to the Gilman Square T stop; only steps to the Somerville Community Path. Easy proximity to Union, Davis, and Porter Squares, and a short drive to I-93 entrances. Numerous parks and celebrated eateries, including Sarma and Highland Kitchen, within a few minutes' walk.
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| Jul 13, 2023 | Sold | ||
| Sold | |||
| Jun 29, 2023 | In contract | - | |
| In contract | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
06/04/2025
|
4 Bed
|
3 Bath
|
1918 ft²
|
$1,175,000
4 Bed
3 Bath
1918 ft²
|
$1,211,000
+3.06%
07/25/2025
|
Tsung-Megason + Sanzone Group
Compass
| |
|
04/20/2023
|
4 Bed
|
3 Bath
|
2220 ft²
|
$1,299,900
4 Bed
3 Bath
2220 ft²
|
$1,163,020
-10.53%
07/13/2023
|
Michael Lord
Castinetti Realty Group
| |
|
04/06/2023
|
3 Bed
|
3 Bath
|
2220 ft²
|
$1,399,900
3 Bed
3 Bath
2220 ft²
|
$1,350,000
-3.56%
07/11/2023
|
The Steve Bremis Team
Steve Bremis Realty Group
|
Building Info
About Spring Hill
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017