38 Albion Ave
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 |
|---|---|---|---|
| Jul 1, 2024 | Sold | ||
| Sold | |||
| May 2, 2024 | Listed by Compass | $889,900 | |
| Listed by Compass | |||
| | |||
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Located in Stoneham's sought-after Robin Hood neighborhood, this delightful single-family home seamlessly combines classic elegance with contemporary comforts. Ideal for a variety of living arrangements, it features four well-appointed bedrooms, two bathrooms, and is within walking distance of both Robinhood Elementary and Stoneham Central Middle School, highlighting its excellent walkability. At the heart of the home is a beautifully bright eat-in kitchen with vaulted ceilings and abundant natural light, which flows into a sun-drenched sunroom. Rich hardwood flooring enhances the warmth and inviting atmosphere throughout. The property also boasts an incredible fenced-in backyard, perfect for privacy and outdoor enjoyment. With easy access to major highways like I93 and I95, this home connects you effortlessly to Stoneham's array of amenities while maintaining a strong sense of community. This residence is an outstanding choice for those seeking convenience and charm.
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| Apr 29, 2011 | Sold | ||
| Sold | |||
| Feb 25, 2011 | Listed by Compass | $419,900 | |
| Listed by Compass | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017