37 Boulevard Rd #37
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 |
|---|---|---|---|
| Oct 7, 2022 | Sold | ||
| Sold | |||
| Aug 24, 2022 | Listed by Leading Edge Real Estate | $619,000 | |
| Listed by Leading Edge Real Estate | |||
| | |||
|
Outstanding East Arlington location overlooking the Alewife Greenway!! Don’t miss this completely renovated (2013) 5-room, 2-bedroom Condominium with hardwood floors, central air conditioning and 2-car parking. Main floor features a welcoming open foyer leading to an updated kitchen with wood cabinets, granite countertops, stainless steel appliances and recessed lighting; a sunny living room with custom built-ins; two spacious bedrooms; and a full bath. Bonus Lower-level room ideal for a family, play or exercise room. Private fenced yard and patio exclusive to this unit. A short distance to Mass Avenue, the Minuteman Bike trail, Thorndike Field and Dog Park, Magnolia Playground and the Alewife “T”. Close to the Capitol Theater, restaurants and the East Arlington Business District.
| |||
| Nov 30, 2016 | Sold | ||
| Sold | |||
| Sep 8, 2016 | Listed by Gibson Sotheby's International Realty | $439,000 | |
| Listed by Gibson Sotheby's International Realty | |||
| Dec 6, 2013 | Sold | ||
| Sold | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
08/24/2022
|
2 Bed
|
1 Bath
|
1120 ft²
|
$619,000
2 Bed
1 Bath
1120 ft²
|
$620,000
+0.16%
10/07/2022
|
Dale Hurd
Gibson Sotheby's International Realty
| |
|
09/08/2016
|
2 Bed
|
1 Bath
|
1120 ft²
|
$439,000
2 Bed
1 Bath
1120 ft²
|
$475,000
+8.20%
11/30/2016
|
Mary Murray
Braga & Associates
| |
|
08/30/2013
|
2 Bed
|
1 Bath
|
1120 ft²
|
$399,000
2 Bed
1 Bath
1120 ft²
|
$405,000
+1.50%
12/06/2013
|
Brian Quinn
Keller Williams Realty-Merrimack
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017