397 Great Road #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
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
09/06/2023
|
3 Bed
|
2 Bath
|
1488 ft²
|
$478,000
3 Bed
2 Bath
1488 ft²
|
$488,000
+2.09%
10/04/2023
|
Kevin Balboni
Engel & Volkers Concord
| |
|
09/04/2021
|
2 Bed
|
2 Bath
|
1078 ft²
|
$329,900
2 Bed
2 Bath
1078 ft²
|
$335,000
+1.55%
10/18/2021
|
Zena Freije
Coldwell Banker Realty - Chelmsford
| |
|
07/29/2020
|
2 Bed
|
2 Bath
|
1078 ft²
|
$300,000
2 Bed
2 Bath
1078 ft²
|
$295,000
-1.67%
09/29/2020
|
Neeraj Varshney
Keller Williams Realty-Merrimack
| |
|
03/11/2020
|
4 Bed
|
3 Bath
|
2025 ft²
|
$397,000
4 Bed
3 Bath
2025 ft²
|
$428,500
+7.93%
05/22/2020
|
Svetlana Sheinina
eXp Realty, LLC
| |
|
10/23/2018
|
2 Bed
|
2 Bath
|
1078 ft²
|
$229,000
2 Bed
2 Bath
1078 ft²
|
$210,000
-8.30%
12/24/2018
|
Joan Meyer
Barrett Sotheby's International Realty
| |
|
07/12/2017
|
3 Bed
|
1 Bath
|
1488 ft²
|
$319,900
3 Bed
1 Bath
1488 ft²
|
$325,000
+1.59%
08/31/2017
|
St. Martin Team
Barrett Sotheby's International Realty
| |
|
03/30/2016
|
2 Bed
|
1 Bath
|
981 ft²
|
$239,000
2 Bed
1 Bath
981 ft²
|
$232,500
-2.72%
07/08/2016
|
David Bates
William Raveis R.E. & Home Services
| |
|
06/12/2014
|
3 Bed
|
2 Bath
|
1396 ft²
|
$285,000
3 Bed
2 Bath
1396 ft²
|
$265,000
-7.02%
08/15/2014
|
Elisa Spence
Keller Williams Realty Boston Northwest
| |
|
07/25/2013
|
2 Bed
|
1 Bath
|
1140 ft²
|
$169,900
2 Bed
1 Bath
1140 ft²
|
$167,000
-1.71%
09/12/2013
|
Susan Crasnick
Sotheby's International Realty
| |
|
07/08/2010
|
2 Bed
|
1 Bath
|
981 ft²
|
$224,900
2 Bed
1 Bath
981 ft²
|
-
-
|
Kevin Forsyth
Kevin Forsyth
| |
|
03/05/2007
|
2 Bed
|
2 Bath
|
1359 ft²
|
$275,000
2 Bed
2 Bath
1359 ft²
|
$271,500
-1.27%
06/25/2007
|
Anne Marie DeCesar
Keller Williams Realty Boston Northwest
| |
|
04/19/2006
|
2 Bed
|
2 Bath
|
1253 ft²
|
$259,500
2 Bed
2 Bath
1253 ft²
|
$245,000
-5.59%
08/29/2007
|
Dina Raneri
KW Pinnacle MetroWest
| |
|
04/29/2005
|
2 Bed
|
1 Bath
|
981 ft²
|
$289,900
2 Bed
1 Bath
981 ft²
|
$289,000
-0.31%
06/29/2005
|
Sandra Hersh
Re/max Walden Country, Inc.
| |
|
05/01/2002
|
4 Bed
|
2 Bath
|
2025 ft²
|
$309,000
4 Bed
2 Bath
2025 ft²
|
$309,000
06/26/2002
|
Alfred Magaletta
Coldwell Banker Realty - Concord
| |
|
09/11/1998
|
3 Bed
|
2 Bath
|
1396 ft²
|
$145,000
3 Bed
2 Bath
1396 ft²
|
$142,500
-1.72%
10/30/1998
|
Sharon Belseth
Coldwell Banker Realty - Concord
| |
|
05/28/1998
| |
2 Bed
|
2 Bath
|
1140 ft²
|
$134,900
2 Bed
2 Bath
1140 ft²
|
$133,000
-1.41%
08/31/1998
|
John Wilson
Bella Real Estate
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017