39 Cabot Street #2
About This Property
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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 |
|---|---|---|---|
| Nov 29, 2010 | Sold | ||
| Sold | |||
| Aug 20, 2010 | Listed by J. Barrett & Company | $95,000 | |
| Listed by J. Barrett & Company | |||
| | |||
|
Large condo in defunct, two unit condo conversion. Second floor, two bedroom unit with potential for expansion into attic. Needs some rehab. Owner Occupant:"Close by December 31, 2010 and receive up to 3.5% in closing costs assistance! Plus, selling agent receives $1,500 bonus. Click HomePath.com Special Offers for more details or ask me. Eligibility restrictions apply."
| |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
08/20/2010
|
2 Bed
|
1 Bath
|
1755 ft²
|
$95,000
2 Bed
1 Bath
1755 ft²
|
$96,500
+1.58%
11/29/2010
|
Kathleen Demarkles Essler
J. Barrett & Company
| |
|
12/24/2009
|
2 Bed
|
1 Bath
|
862 ft²
|
$69,900
2 Bed
1 Bath
862 ft²
|
-
-
|
Diane Mahalati
Carlson GMAC Real Estate
| |
|
09/19/1995
| |
4 Bed
|
-
|
2134 ft²
|
$134,900
4 Bed
-
2134 ft²
|
$127,500
-5.49%
04/24/1997
|
Alfred Manzi
Coldwell Banker Residential Brokerage - Beverly
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017