1
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281 Bishops Forest Dr #281
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.
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 14, 2026 | Sold | ||
| Sold | |||
| Jul 11, 2026 | In contract | - | |
| In contract | |||
| Jun 11, 2026 | Listed by Coldwell Banker Realty - Brookline | $865,000 | |
| Listed by Coldwell Banker Realty - Brookline | |||
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Set within the sought-after Bishops Forest community, this 3-bedroom, 3.5-bath townhome offers the space & feel of a single-family home with the ease of condo living. The main level features h/w floors throughout the open living & dining areas, anchored by a corner fireplace & opening to a private deck surrounded by trees, creating a peaceful setting for relaxation. The nearby kitchen offers wood cabinetry, granite countertops, a peninsula & a built-in desk area ideal for work or dining. Upstairs, the primary suite overlooks the trees & features a Juliet balcony, vaulted ceilings, two walk-in closets & a renovated bath with double vanity, walk-in shower & soaking tub. A second spacious bedroom, full bath & laundry complete the level. The finished walkout lower level includes a family room with fireplace, third bedroom, full bath & storage—a versatile space perfect for guests. Enjoy community amenities including a pool, tennis court, pickleball & easy access to Boston & Rte. 128.
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| Nov 1, 2011 | Sold | ||
| Sold | |||
| Jul 21, 2011 | Listed by Coldwell Banker Realty - Cambridge | $499,950 | |
| Listed by Coldwell Banker Realty - Cambridge | |||
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The lush landscaping and tiled pathway invite you into this exquisitely updated Wilton 3 bedroom townhouse. Granite countertops add sophistication to the kitchen with exoanded cabinetry. Enjoy private, tranquil wooded views from the master bedroom’s Juliet balcony, the wood deck off the dining room, and the sliding glass doors that lead out from lower level suite. Gorgeous pool with spa hot tub and tennis courts steps from your front door. 1 dog or cat permitted per unit.
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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 |
|---|---|---|---|---|---|---|---|
|
07/21/2011
|
3 Bed
|
4 Bath
|
2420 ft²
|
$499,950
3 Bed
4 Bath
2420 ft²
|
$491,500
-1.69%
11/01/2011
|
Cheryl Learner
Keller Williams Realty
| |
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12/01/1999
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3 Bed
|
4 Bath
|
2420 ft²
|
$369,900
3 Bed
4 Bath
2420 ft²
|
$360,000
-2.68%
03/31/2000
|
Melvin Tracey
Coldwell Banker Residential Brokerage - Lexington - 76 Bedford St.
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Building Info
- 1 Unit for Sale
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017