40 Menotomy Road #1
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 |
|---|---|---|---|
| Jul 22, 2022 | Sold | ||
| Sold | |||
| Jun 8, 2022 | Listed by Leading Edge Real Estate | $600,000 | |
| Listed by Leading Edge Real Estate | |||
| | |||
|
A classic and timeless condo in a terrific Arlington Heights neighborhood. Just in time for summer, this first floor home offers exclusive use back porch and brick patio to enjoy these warm days and nights. This charming condo has 6 rooms, 2 bedrooms and a full bath with tub. The eat-in kitchen offers gas cooking, and has a large pantry with loads of shelves and storage. Hardwood floors, 8’ ceilings, beautiful gumwood molding, built-in dining room hutch, and gracious entry hall are just a few of the period details from this 1927 house. Upgrades include the 10-year old Burnham direct-vent gas steam boiler, Harvey replacement windows throughout, and the exterior of the house was painted in 2018. One garage plus one driveway space. The business districts of Arlington Center and Arlington Heights are both less than a mile, and Del’s Lemonade is less than a block away! Robbins Farm Park, with its spectacular Boston views, is a half mile away. Pet friendly. Come see!
| |||
| Dec 6, 2010 | Sold | ||
| Sold | |||
| Aug 26, 2010 | Listed by Hammond Real Estate | $369,900 | |
| Listed by Hammond Real Estate | |||
| | |||
|
What a great location! Please come visit this updated interior and exterior 6 room, 2 bedroom 1 bath condo within easy reach of Menotomy Rocks Park, local shopping and some of the areas great restaurants and along with ‘Minute Man Bike Path’ you can bike all the way to the Alewife “T” Station in Cambridge. Enjoy your morning coffee on your own private patio before you head to work, a commuters dream within easy reach of Boston, Cambridge, Metro West, Route's 2,128 and the local train station.
| |||
| Jun 25, 1999 | Sold | ||
| Sold | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
06/08/2022
|
2 Bed
|
1 Bath
|
1114 ft²
|
$600,000
2 Bed
1 Bath
1114 ft²
|
$655,000
+9.17%
07/22/2022
|
Judy Weinberg
Leading Edge Real Estate
| |
|
08/26/2010
|
2 Bed
|
1 Bath
|
1089 ft²
|
$369,900
2 Bed
1 Bath
1089 ft²
|
$355,000
-4.03%
12/06/2010
|
Dana Finnegan
Hammond Real Estate
| |
|
12/17/2003
|
2 Bed
|
1 Bath
|
1070 ft²
|
$339,000
2 Bed
1 Bath
1070 ft²
|
$342,000
+0.88%
02/06/2004
|
Kirk Nahabedian
RTN Realty Advisors LLC.
| |
|
05/14/1999
|
2 Bed
|
1 Bath
|
1070 ft²
|
$234,000
2 Bed
1 Bath
1070 ft²
|
$234,000
06/25/1999
|
Lois Ardito
Dewolfe-Arlington
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017