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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 |
|---|---|---|---|
| Mar 17, 2020 | Sold | ||
| Sold | |||
| Jan 22, 2020 | Listed by Keller Williams Realty Boston-Metro | Back Bay | $889,000 | |
| Listed by Keller Williams Realty Boston-Metro | Back Bay | |||
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This delightful four bedroom Colonial, newly constructed in 2019, is located in a new four-lot subdivision and offers quality craftsmanship and modern amenities! Enjoy entertaining family and friends in the stunning eat-in chef's kitchen with a Wolf induction cooktop, double convection ovens and quartz countertops. Gatherings in the vaulted ceiling family room are sure to impress, showcasing a floor-to-ceiling stone fireplace. You’ll love the luxurious, impeccably designed bathrooms with tiled shower and tub surrounds. Soon you'll be enjoying all of your outdoor activities on the expanded composite deck & grand backyard overlooking mature trees and magnificent sunsets. The walkout basement is pre-plumbed for an additional bath and features 11' ceilings for future expansion. Convenient location near Rt. 3 & I-495, and adjacent to Russell Mill Swim & Tennis Club. Don't miss this opportunity to live in Chelmsford, named by Boston Magazine as one of the top places to live in 2019.
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| Jul 22, 2019 | Sold | ||
| Sold | |||
| Jul 21, 2019 | Listed by Barrett Sotheby's International Realty | $789,900 | |
| Listed by Barrett Sotheby's International Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017