47 Oakland Ave
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 30, 2023 | Sold | ||
| Sold | |||
| Nov 1, 2023 | In contract | - | |
| In contract | |||
| Oct 25, 2023 | Price Decreased |
$1,649,000
↓ $40K
(2.4%) | |
| Price Decreased | |||
| Aug 30, 2023 | Listed by Coldwell Banker Realty - Belmont | $1,689,000 | |
| Listed by Coldwell Banker Realty - Belmont | |||
| | |||
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PRICE IMPROVEMENT!! Introducing an exquisite 3-level modern colonial in Arlington.With an exceptional open-concept design, this residence seamlessly connects the living room, kitchen, dining area, and family room, optimizing both comfort and functionality.The kitchen boasts high-end Thermador appliances, while the family room showcases a floating gas fireplace. On the second floor, the primary suite impresses with a generously sized bedroom, walk-in closet, and spa-like bath featuring a double vanity and steam shower.The third floor presents a versatile finished bonus space with a full bath, along with a unique roof deck complete with a wet bar—a delightful setting for outdoor gatherings.Nestled in the highly sought-after Dallin/Brackett neighborhood, this home enjoys close proximity to various amenities such as shops, restaurants, and fitness centers.Additionally, it offers convenient access to the bus route leading to Alewife/Harvard Square and enjoys quick connections to Route 2/95.
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| Jun 30, 2023 | Temporarily off market | - | |
| Temporarily off market | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017