32 Sciarappa St #1
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 |
|---|---|---|---|
| May 31, 2019 | Sold | ||
| Sold | |||
| Feb 26, 2019 | Listed by Compass | $350,000 | |
| Listed by Compass | |||
| | |||
|
Studio condo in East Cambridge on a residential street steps to Lechmere, featuring renovations and chic micro-unit design. The home has great natural light, and boasts a fully-applianced kitchen with in-unit laundry, plentiful storage, desk space with bookshelf, eat-in counter, and a comfortably sized living area for seating, lounging, entertaining, and sleeping. In the heart of East Cambridge, 32 Sciarappa Street is walkable in minutes to Cambridge's exploding food and drink scene, Lechmere Station (Green Line T), the Kendall Square tech/biotech hub, and MIT. Enjoy comfortable living and an unbeatable Cambridge location, all at a very approachable price point. The condo features new renovations including great layout upgrades, fresh paint, recessed lighting, and refinished floors. (Note: Sciarappa Street between Gore Street and Winter Street.)
| |||
| Jan 27, 2016 | Sold | ||
| Sold | |||
| Nov 16, 2015 | Listed by RE/MAX Destiny | $264,900 | |
| Listed by RE/MAX Destiny | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
06/05/2019
|
2 Bed
|
2 Bath
|
858 ft²
|
$595,000
2 Bed
2 Bath
858 ft²
|
$575,000
-3.36%
08/02/2019
|
Ellen Friedman
Keller Williams Realty Boston Northwest
| |
|
02/26/2019
|
Studio
|
1 Bath
|
297 ft²
|
$350,000
Studio
1 Bath
297 ft²
|
$330,000
-5.71%
05/31/2019
|
Bernadine Tsung Megason
Compass
| |
|
11/16/2015
|
Studio
|
1 Bath
|
297 ft²
|
$264,900
Studio
1 Bath
297 ft²
|
$250,000
-5.62%
01/27/2016
|
Sandrine Deschaux
RE/MAX Destiny
| |
|
04/22/2004
|
1 Bed
|
1 Bath
|
297 ft²
|
$174,900
1 Bed
1 Bath
297 ft²
|
$168,000
-3.95%
08/25/2004
|
Brecht Palombo
Prudential Prime Properties / Buccelli
| |
|
07/23/2003
|
2 Bed
|
2 Bath
|
858 ft²
|
$319,000
2 Bed
2 Bath
858 ft²
|
$300,000
-5.96%
10/27/2003
|
Lance Tindall
Prudential Prime Properties / Buccelli
| |
|
06/24/2002
| |
8 Bed
|
-
|
3453 ft²
|
$799,900
8 Bed
-
3453 ft²
|
$632,050
-20.98%
11/01/2002
|
Esther Hughes
Century 21 Starwood
|
Building Info
- 1 Unit for Sale
About East Cambridge
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017