40 Bartlett's Reach #40
About This Property
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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%.
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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.
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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 |
|---|---|---|---|
| Jul 28, 2014 | Sold | ||
| Sold | |||
| Apr 10, 2014 | Listed by Stone Ridge Properties, Inc. | $439,900 | |
| Listed by Stone Ridge Properties, Inc. | |||
| | |||
|
Come home to your private retreat at the award winning Bartlett’s Reach. Bright, airy and open, this highly desirable end-unit features a first floor master suite with a private deck and four season sunroom. The eat-in kitchen leads to open concept dining and living room with vaulted ceiling and wood burning fireplace, ideal for entertaining. The second floor loft overlooks the living area below and is great place to relax with a good book in front of the fire. The lower level family room provides flexibility as a game/media room with wet bar or guest quarters/teen suite with private entrance and half-bath. Excellent storage options throughout including a large cedar closet. Two private decks, lower level patio and established perennial gardens. Enjoy the swimming pool, tennis courts, clubhouse, community gardens and private dock on the Merrimack River! A truly wonderful lifestyle.
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| Aug 6, 2003 | Sold | ||
| Sold | |||
| May 9, 2003 | Listed by RE/MAX On The River, Inc. | $499,900 | |
| Listed by RE/MAX On The River, Inc. | |||
| | |||
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CP BERRY AWARD WINNING CONDO COMPLEX, END UNIT, ATTACHED GARAGE, 1ST FLR MASTER SUITE, IN-GROUND POOL AT CLUBHOUSE W/ HIS/HERS SAUNAS, TENNIS COURTS, & 1-ACRE PARK W/ DOCK ON BANKS OF MERRIMACK RIVER-WONDERFUL LIFESTYLE!
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| Aug 5, 1999 | Sold | ||
| Sold | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
04/10/2014
|
3 Bed
|
4 Bath
|
3608 ft²
|
$439,900
3 Bed
4 Bath
3608 ft²
|
$420,000
-4.52%
07/28/2014
|
Sally Gallagher
Stone Ridge Properties, Inc.
| |
|
05/09/2003
|
3 Bed
|
4 Bath
|
3725 ft²
|
$499,900
3 Bed
4 Bath
3725 ft²
|
$499,900
08/06/2003
|
Kevin Wallace
RE/MAX On The River, Inc.
| |
|
04/05/1999
|
3 Bed
|
4 Bath
|
3725 ft²
|
$349,900
3 Bed
4 Bath
3725 ft²
|
$349,900
08/05/1999
|
Alfred Manzi
Coldwell Banker Residential Brokerage - Beverly
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017