38 Maple Street #2
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 |
|---|---|---|---|
| Oct 25, 2016 | Sold | ||
| Sold | |||
| Aug 26, 2016 | Listed by Hammond Residential Real Estate | $899,000 | |
| Listed by Hammond Residential Real Estate | |||
| | |||
|
What you always wanted. A condo in downtown Needham. This spacious well maintained condo has a family room/master bedroom on the first floor and a master bedroom on the second. Flexible use can be made of space. Very open feel to this condo. High ceilings. Private location on back side of building. One car garage and two parking spaces. A must see.
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Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
04/25/2024
|
4 Bed
|
4 Bath
|
3565 ft²
|
$1,399,000
4 Bed
4 Bath
3565 ft²
|
$1,350,000
-3.50%
06/27/2024
|
Stephen E. Robb
Century 21 Westward Homes
| |
|
08/26/2016
|
4 Bed
|
4 Bath
|
3402 ft²
|
$899,000
4 Bed
4 Bath
3402 ft²
|
$882,113
-1.88%
10/25/2016
|
Robert Downs
Louise Condon Realty
| |
|
04/14/2010
|
4 Bed
|
4 Bath
|
2772 ft²
|
$799,000
4 Bed
4 Bath
2772 ft²
|
$775,000
-3.00%
11/15/2010
|
Robert Downs
Louise Condon Realty
| |
|
09/05/2009
|
4 Bed
|
3 Bath
|
2772 ft²
|
$799,000
4 Bed
3 Bath
2772 ft²
|
-
-
|
Craig Hammer
Compass
| |
|
10/17/2006
|
4 Bed
|
4 Bath
|
2736 ft²
|
$799,900
4 Bed
4 Bath
2736 ft²
|
$785,000
-1.86%
05/25/2007
|
Maryruth Perras
William Raveis R.E. & Home Services
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017