3 Michael Way
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.
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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 |
|---|---|---|---|
| Apr 12, 2024 | Sold | ||
| Sold | |||
| Dec 30, 2023 | In contract | - | |
| In contract | |||
| Dec 20, 2023 | Listed by Keller Williams Realty | $1,100,000 | |
| Listed by Keller Williams Realty | |||
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This may look like a Townhouse condo, but see the Property record card in Attachments. This is a single family home on a quiet side street with a private yard!! All newly painted interior. New tile floor in Kitchen. New hardwood floors throughout. Large open living room, dining area, kitchen and half bath on first floor. Two bedrooms on second floor with full bath. Laundry second floor. Off street parking spot for one vehicle in front of subject property. Great Location near Cambridge Public Library Valente Branch.
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| Apr 13, 2004 | Sold | ||
| Sold | |||
| Feb 4, 2004 | Listed by Coldwell Banker Realty - Cambridge | $450,000 | |
| Listed by Coldwell Banker Realty - Cambridge | |||
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PRISTINE ATTACHED FEE SIMPLE DUPLEX, ORIG OWNERS, NEW SIDING, NEWER FURNACE, LG GRASSY YD, GREAT SOUTHERN LIGHT, WALK TO KENDALL AND CAMBRIDGEPORT SCHOOL. ADORABLE! CALL LISTING AGENT , WILL SETUP SAME DAY ACCMPND
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Property Highlights
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About Wellington - Harrington
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017