1
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46 Unity Ave #2
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.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 11, 2025 | Sold | ||
| Sold | |||
| Jul 26, 2025 | In contract | - | |
| In contract | |||
| Jun 17, 2025 | Price Decreased |
$629,000
↓ $70K
(10%) | |
| Price Decreased | |||
| Jun 5, 2025 | Price Decreased |
$699,000
↓ $50K
(6.7%) | |
| Price Decreased | |||
| May 23, 2025 | Listed by Renaissance Realty | $749,000 | |
| Listed by Renaissance Realty | |||
| |||
|
Top floor 2 bedroom condo near the Cambridge line in Belmont. This sunny 6 room 2nd floor condo has an updated kitchen and bath, beautiful hardwood floors, front and back porches, in-unit w/d. parking and much more. Wonderful location, close to public transportation, shopping, park and restaurants all within walking distance. Close to Boston and everything that Cambridge has to offer. It won't last!
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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 |
|---|---|---|---|---|---|---|---|
|
05/23/2025
|
2 Bed
|
1 Bath
|
1056 ft²
|
$749,000
2 Bed
1 Bath
1056 ft²
|
$618,000
-17.49%
09/11/2025
|
John Montanaro
Renaissance Realty
| |
|
11/30/2005
|
2 Bed
|
1 Bath
|
1086 ft²
|
$329,000
2 Bed
1 Bath
1086 ft²
|
$323,000
-1.82%
03/29/2006
|
Ari Koufos
Realty Executives
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017