45 Stearns Road #A
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.
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 |
|---|---|---|---|
| Feb 13, 2024 | Sold | ||
| Sold | |||
| Dec 13, 2023 | In contract | - | |
| In contract | |||
| Oct 31, 2023 | Listed by MGS Group Real Estate LTD | $1,995,000 | |
| Listed by MGS Group Real Estate LTD | |||
| | |||
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An exceptional brand-new construction condominium in Coolidge Corner, The Stearns Residences offers a distinctive living experience. Crafted by esteemed local builders and architects, these homes showcase unparalleled quality and attention to detail. With two bedrooms and two bathrooms, this single-floor residence boasts 2 dedicated garage parking spaces, expansive private backyard space with patio, open living and dining areas, large windows, and a custom kitchen equipped with top appliances (Wolf, SubZero). Wired for preprogrammed home automation, the property also includes a gracious garage with a snowmelt system, convenient private storage, and extra storage for bikes/strollers. Enjoy the best of Brookline with nearby amenities, including shops, restaurants, transportation, and schools!
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Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
04/09/2024
|
4 Bed
|
4 Bath
|
3853 ft²
|
$4,850,000
4 Bed
4 Bath
3853 ft²
|
$4,495,000
-7.32%
09/16/2024
|
Jerry Kampler
Classic Realty
| |
|
10/31/2023
|
2 Bed
|
2 Bath
|
1472 ft²
|
$1,995,000
2 Bed
2 Bath
1472 ft²
|
$1,995,000
02/13/2024
|
Maggie Gold Seelig
MGS Group Real Estate LTD
| |
|
07/01/2008
| |
6 Bed
|
2 Bath
|
4006 ft²
|
$899,900
6 Bed
2 Bath
4006 ft²
|
$890,000
-1.10%
11/20/2008
|
Helene LeGendre
eXp Realty
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017