31 Main Street #3
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 |
|---|---|---|---|
| Nov 1, 2022 | Sold | ||
| Sold | |||
| Sep 21, 2022 | In contract | - | |
| In contract | |||
| Sep 15, 2022 | Listed by Coldwell Banker Realty - Belmont | $330,000 | |
| Listed by Coldwell Banker Realty - Belmont | |||
| | |||
|
Beautiful 2 year old 2 bedroom Condo in the heart of Main Street. Quality construction from established local builder. Step out your front door to restaurants, coffee shops, boutiques, movie theatre and stores! Nine foot ceilings and large windows allow for a spacious feeling and wonderful natural light. Two spacious bedrooms with generous closet space. In-unit laundry. Open floor plan with stunning kitchen and living room. The kitchen boasts stainless steel appliances, granite countertops, a generous sized island and painted maple cabinets. One deeded parking space with nearby options for municipal extra parking (ask agent for details). Enclosed basement storage unit. This is the one you've been waiting for!
| |||
| Dec 4, 2020 | Sold | ||
| Sold | |||
| May 19, 2020 | Listed by Senné | $285,000 | |
| Listed by Senné | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
09/15/2022
|
2 Bed
|
1 Bath
|
980 ft²
|
$330,000
2 Bed
1 Bath
980 ft²
|
$335,000
+1.52%
11/01/2022
|
Steven Savarese
Senné
| |
|
05/22/2020
|
2 Bed
|
1 Bath
|
875 ft²
|
$285,000
2 Bed
1 Bath
875 ft²
|
$285,000
12/07/2020
|
Charles Smerlas
Coldwell Banker Realty - Waltham
| |
|
05/19/2020
|
2 Bed
|
1 Bath
|
980 ft²
|
$285,000
2 Bed
1 Bath
980 ft²
|
$285,000
12/04/2020
|
Steven Savarese
Senné
| |
|
05/11/2020
|
2 Bed
|
1 Bath
|
980 ft²
|
$285,000
2 Bed
1 Bath
980 ft²
|
$285,000
12/04/2020
|
Melissa Lodi
Mendon Local Realty
| |
|
04/17/2020
|
2 Bed
|
1 Bath
|
980 ft²
|
$279,000
2 Bed
1 Bath
980 ft²
|
$279,000
12/04/2020
|
The Rental Team
Hayden Rowe Properties
| |
|
12/12/2017
| |
5 Bed
|
3 Bath
|
3032 ft²
|
$299,000
5 Bed
3 Bath
3032 ft²
|
-
03/23/2018
|
Kim Covino
RE/MAX Leading Edge
|
|
08/10/2006
| |
4 Bed
|
1 Bath
|
3032 ft²
|
$329,900
4 Bed
1 Bath
3032 ft²
|
$289,000
-12.40%
10/19/2007
|
Paul Boothroyd
Century 21 Classic Properties
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017