45 Rand St
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 |
|---|---|---|---|
| Oct 16, 2024 | Sold | ||
| Sold | |||
| Aug 28, 2024 | In contract | - | |
| In contract | |||
| Aug 21, 2024 | Listed by Martin Property Management | $574,900 | |
| Listed by Martin Property Management | |||
| | |||
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Discover your dream home at 45 Rand Street, a meticulously updated residence situated in a sought-after, private hilltop location in Malden. This home offers over 3 spacious bedrooms and is perfect for those seeking modern amenities with classic charm.Step inside to discover a brand-new kitchen, complete with contemporary finishes and appliances. The newly updated bathroom adds a touch of luxury. The home features a new roof and new on-demand hot water and heating system, ensuring year-round comfort and efficiency.Outdoor enthusiasts will appreciate the fenced backyard, an ideal space for relaxing or entertaining. Plus, with the Oak Grove T Station just a 10-minute walk away, commuting to Boston is a breeze.Don't miss this opportunity to own a stunning home in a sought-after Malden location!
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| Jun 10, 2020 | Sold | ||
| Sold | |||
| Apr 29, 2020 | Listed by Martin Property Management | $389,900 | |
| Listed by Martin Property Management | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017