46 2nd Street
About This Property
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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.
You can learn more about cap rate here .
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Oct 23, 2023 | Withdrawn | - | |
Withdrawn | |||
May 26, 2023 | Listed by Berkshire Hathaway HomeServices Commonwealth Real Estate | $1,850,000 | |
Listed by Berkshire Hathaway HomeServices Commonwealth Real Estate | |||
Jun 30, 2015 | Sold to Cambridge Hldg Llc East | $841,800 | |
Sold to Cambridge Hldg Llc East | |||
Nov 14, 2007 | Sold to 2nd Street Llc 46 | $622,000 | |
Sold to 2nd Street Llc 46 |
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
05/04/2023
|
|
Loft
|
-
|
-
|
$1,850,000
Loft
-
|
-
-
|
-
|
Tsz Mui Kwan
Berkshire Hathaway HomeServices Commonwealth Real Estate
|
09/10/2022
|
|
Loft
|
-
|
-
|
$1,850,000
Loft
-
|
-
-
|
-
|
Tsz Mui Kwan
Berkshire Hathaway HomeServices Commonwealth Real Estate
|
Building Info
About East Cambridge
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