28 Baker Ave #28
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%.
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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.
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 |
|---|---|---|---|
| Sep 10, 2015 | Sold | ||
| Sold | |||
| Jun 11, 2015 | Listed by Gibson Sotheby's International Realty | $429,000 | |
| Listed by Gibson Sotheby's International Realty | |||
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Rare to the Lexington market! Sparkling, updated 2 bedroom condo in highly desirable Liberty Heights in Lexington. Create your oasis in the freshly painted interior, with gleaming hardwood floors, newly applianced kitchen, and updated bath. Includes garage+1 parking, private yard area, screened porch, basement storage and laundry hookups in basement. Updates include new gas boiler, hot water heater and updated electric. Ideally located in Bowman elementary district, close to Wilson Farm, near shops and restaurants on Mass Ave, bus routes, convenience store, and conservation areas (Sutherland Woods and West Farm).
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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 |
|---|---|---|---|---|---|---|---|
|
06/11/2015
|
2 Bed
|
1 Bath
|
908 ft²
|
$429,000
2 Bed
1 Bath
908 ft²
|
$425,000
-0.93%
09/10/2015
|
Sarah Holt
Gibson Sotheby's International Realty
| |
|
09/29/2011
| |
4 Bed
|
1 Bath
|
2255 ft²
|
$498,500
4 Bed
1 Bath
2255 ft²
|
$510,000
+2.31%
11/30/2011
|
Diane Maloney
Diane Maloney
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017