44 Baker Avenue #2
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 17, 2023 | Sold | ||
| Sold | |||
| Oct 14, 2023 | In contract | - | |
| In contract | |||
| Oct 10, 2023 | Relisted | $510,000 | |
| Relisted | |||
| Aug 30, 2023 | In contract | - | |
| In contract | |||
| Aug 21, 2023 | Listed by Coldwell Banker Realty - Beverly | $595,000 | |
| Listed by Coldwell Banker Realty - Beverly | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
05/07/2025
|
3 Bed
|
2 Bath
|
2301 ft²
|
$699,900
3 Bed
2 Bath
2301 ft²
|
$699,900
07/01/2025
|
Antonietta O Toole
Gemini Real Estate Investments
| |
|
08/21/2023
|
3 Bed
|
1 Bath
|
1607 ft²
|
$595,000
3 Bed
1 Bath
1607 ft²
|
$650,000
+9.24%
11/17/2023
|
John Farrell
Coldwell Banker Realty - Beverly
| |
|
06/10/2020
|
3 Bed
|
1 Bath
|
1607 ft²
|
$490,000
3 Bed
1 Bath
1607 ft²
|
$510,000
+4.08%
08/28/2020
|
John Farrell
Coldwell Banker Realty - Beverly
| |
|
04/23/2019
|
3 Bed
|
3 Bath
|
1637 ft²
|
$459,000
3 Bed
3 Bath
1637 ft²
|
$469,000
+2.18%
06/14/2019
|
Maryellen Mitchell
J. Barrett & Company
| |
|
07/20/2002
|
4 Bed
|
3 Bath
|
1829 ft²
|
$293,000
4 Bed
3 Bath
1829 ft²
|
$300,000
+2.39%
12/17/2002
|
Janet Wheatley
Coldwell Banker Residential Brokerage - Beverly
| |
|
08/30/1999
|
3 Bed
|
3 Bath
|
1829 ft²
|
$245,000
3 Bed
3 Bath
1829 ft²
|
$232,000
-5.31%
11/01/1999
|
Stephen D. Archer
Middlesex Real Estate Group
| |
|
08/19/1997
|
3 Bed
|
3 Bath
|
2500 ft²
|
$179,900
3 Bed
3 Bath
2500 ft²
|
$177,500
-1.33%
11/24/1997
|
Rochelle Hale
Keller Williams Realty Evolution
| |
|
01/23/1995
|
3 Bed
|
2 Bath
|
2000 ft²
|
$162,900
3 Bed
2 Bath
2000 ft²
|
$154,900
-4.91%
10/27/1995
|
Kathleen Demarkles Essler
Coldwell Banker Hunneman
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017