29 Appleton St. #2
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 |
|---|---|---|---|
| Oct 6, 2023 | Sold | ||
| Sold | |||
| Aug 12, 2023 | In contract | - | |
| In contract | |||
| Aug 4, 2023 | Listed by RE/MAX Encore | $1,779,000 | |
| Listed by RE/MAX Encore | |||
| | |||
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Spectacular New Construction! This 4-bedroom 3.5-bathroom home with parking, patio & private deck is in the heart of DAVIS SQUARE! This stunning 2 level home offers classic detail, windows galore, finish carpentry & custom closets throughout. The sunlit open concept main level is comprised of a beautiful chef's kitchen outfitted with JennAir appliances, and quartz countertops, massive living room, powder room for guests, and a spacious en-suite bedroom w/ walk-in closet.; Also on this level you will find a large private deck! The Super bright & spacious upper level comes with 1 large bedroom, w/ 2 custom closets and en-suite. Additionally you will find 2 generous sized bedrooms, laundry room, and a huge full tiled bath. Wiring in place for electric car charger in your 350 square foot garage also leaves plenty of space for storage. Property is steps to Red Line, countless Restaurants, Cafe's, and shopping! Walkability & bike scores of 92 and 94.
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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 |
|---|---|---|---|---|---|---|---|
|
08/04/2023
|
3 Bed
|
3 Bath
|
-
|
$1,499,900
3 Bed
3 Bath
|
-
-
|
Tina Endicott Realty Group
RE/MAX Encore
| |
|
08/04/2023
|
4 Bed
|
4 Bath
|
2060 ft²
|
$1,779,000
4 Bed
4 Bath
2060 ft²
|
$1,780,000
+0.06%
10/06/2023
|
Benjamin Snow
Coldwell Banker Realty - Back Bay
| |
|
03/11/2021
| |
3 Bed
|
2 Bath
|
1963 ft²
|
$1,085,000
3 Bed
2 Bath
1963 ft²
|
$1,085,000
05/25/2021
|
Gregory McCarthy
Riverfront REALTORS®
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017