29 Jacob Way #29
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 |
|---|---|---|---|
| Dec 1, 2021 | Sold | ||
| Sold | |||
| Sep 22, 2021 | Listed by Coldwell Banker Realty - Lexington | $749,000 | |
| Listed by Coldwell Banker Realty - Lexington | |||
| | |||
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Welcome home to Reading Woods, chosen for its superb mix of proximity to city life and luxurious conveniences. Bright and sunny end unit, built with amazing quality & sophisticated design offers an open floor plan that blends easy living with refined entertaining & features elegant trim work, 9' ceilings; all artfully designed with the space being bright, open & flexible. Other features include: EIK kitchen with custom cabinets, granite breakfast bar, gas range, S/S appliances, master bath, walk in closet and marble fireplace. Convenient mudroom leading to 2 car garage, with private home office framed by beautiful french doors complete the lower level. Take note of on-site fully equipped gym, clubhouse, playground, and walking trails. Minutes to I-93/95, commuter rail, town center, & conservation trails. Superb school system, strong sense of community, & 12 short miles to Boston are just a few of the reasons why you should call Reading home!
| |||
| Dec 14, 2018 | Sold | ||
| Sold | |||
| Sep 13, 2018 | Listed by Classified Realty Group | $629,999 | |
| Listed by Classified Realty Group | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
09/22/2021
|
3 Bed
|
3 Bath
|
2098 ft²
|
$749,000
3 Bed
3 Bath
2098 ft²
|
$731,500
-2.34%
12/01/2021
|
Mark Lesses Group
Coldwell Banker Realty - Lexington
| |
|
09/13/2018
|
3 Bed
|
3 Bath
|
2098 ft²
|
$629,999
3 Bed
3 Bath
2098 ft²
|
$637,000
+1.11%
12/14/2018
|
Susan Gormady
Classified Realty Group
| |
|
01/13/2013
|
3 Bed
|
3 Bath
|
2098 ft²
|
$497,045
3 Bed
3 Bath
2098 ft²
|
$497,045
03/22/2013
|
Elizabeth Pacini
Black Door Realty Group, LLC
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017