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39 Sunset Road #39
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 |
|---|---|---|---|
| Nov 24, 2009 | Sold | ||
| Sold | |||
| Apr 2, 2009 | Listed by RE/MAX Destiny | $357,000 | |
| Listed by RE/MAX Destiny | |||
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Rare condo steps to Tufts University & Fletcher School. $120/yr condo fee. 3rd bedroom & full bath in basement w/ separate entrance is not included in Somerville's assessment. Somerville also offer a Residential Exemption for homeowners, reducing property tax by 40-50%. Front porch was completely rebuilt 2yrs ago. New roof in 2008. In-unit laundry hook-up in both the basement & 1st floor. Gas heat & range. Shared storage in common space.
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| Jun 27, 2005 | Sold | ||
| Sold | |||
| Jun 1, 2005 | Listed by Coldwell Banker Residential Brokerage - Somerville | $369,000 | |
| Listed by Coldwell Banker Residential Brokerage - Somerville | |||
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Come and see this remarkable condo on a gorgeous street near Tufts. This home has been well taken care of and has been preserved in its original condition. Features include architectural detail, built-in hutch, hardwood floors, replacement windows, charming eat-in kitchen, bonus finished room and full bathroom in the basement (not included in the sqft), front and back porches, private yard, and off street parking. Don't miss a fantastic opportunity to live in the charming home.
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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 |
|---|---|---|---|---|---|---|---|
|
04/02/2009
|
2 Bed
|
2 Bath
|
936 ft²
|
$357,000
2 Bed
2 Bath
936 ft²
|
$338,000
-5.32%
11/24/2009
|
Patricia Reilly
RE/MAX Destiny
| |
|
06/01/2005
|
2 Bed
|
2 Bath
|
936 ft²
|
$369,000
2 Bed
2 Bath
936 ft²
|
$369,000
06/27/2005
|
Hillary Danoff
Coldwell Banker Residential Brokerage - Somerville
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017