29 Pondview Road #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%.
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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 27, 2020 | Sold | ||
| Sold | |||
| Jun 17, 2020 | Listed by Gibson Sotheby's International Realty | $849,000 | |
| Listed by Gibson Sotheby's International Realty | |||
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Location - Location - Location! Within walking distance of Spy Pond, Alewife Station, Bike Path and Capital Square this 2 level unit could be just what you have been waiting for! Larger than many single family homes, this 2,470 SF unit features a chef's kitchen with large island, dining area, family room, living room, dining room, bedroom, bath and sun room on the 2nd floor, 3 bedrooms, bath and laundry area on the 3rd floor. From one of the 3rd floor bedrooms there is access to a roof deck with views of Spy Pond. For those looking for a dedicated home office, we have that here on the 1st floor with a private entrance.Other features include Central AC for those hot summer nights, solar panels to offset electrical costs and help with your carbon footprint, high efficiency gas heat, newer roof, central vac, intercom units at front and rear doors, Nest thermostats and garage parking. If you are looking for a spacious unit in a nice neighborhood close to everything this is a MUST SEE
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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 |
|---|---|---|---|---|---|---|---|
|
06/17/2020
|
4 Bed
|
2 Bath
|
2470 ft²
|
$849,000
4 Bed
2 Bath
2470 ft²
|
$820,000
-3.42%
08/27/2020
|
Regina Paloian
Gibson Sotheby's International Realty
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017