38 Tremont Street
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 |
|---|---|---|---|
| Apr 16, 2024 | Sold | ||
| Sold | |||
| Mar 27, 2024 | In contract | - | |
| In contract | |||
| Mar 21, 2024 | Listed by Berkshire Hathaway HomeServices Commonwealth Real Estate | $609,900 | |
| Listed by Berkshire Hathaway HomeServices Commonwealth Real Estate | |||
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Welcome to Stoneham...Great opportunity to own this charming cape style home! Beautiful maple floors, front living room with fireplace open to dining area. Tiled full bath, third bedroom or home office and a family room. Stainless steel applianced kitchen with tile floor, opens to a breakfast nook with slider leading to a two tiered stamped concrete patio. Rear yard is fantastic for entertaining; level, fully fenced, private and landscaped. The second floor consists of two bedrooms with built in drawers and doors allowing for "eaves" storage and a renovated half bath. Well maintained; replacement windows, updated electric panel, newer furnace/oil tank, new driveway and bulkhead, large basement and attached garage. Conveniently located; off the beaten path yet close proximity to major routes, Stoneham Square with its many offerings of restaurants, shops, Stoneham Theater, Town Common and the Tri-Community Greenway Trailhead. Don't miss this opportunity to make this house your home!
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| May 31, 2012 | Sold | ||
| Sold | |||
| Mar 17, 2012 | Listed by Berkshire Hathaway HomeServices Commonwealth Real Estate | $299,900 | |
| Listed by Berkshire Hathaway HomeServices Commonwealth Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017