47 Sohier Rd. #2
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%.
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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 |
|---|---|---|---|
| Oct 12, 2018 | Sold | ||
| Sold | |||
| Sep 5, 2018 | Listed by Keller Williams Realty Evolution | $249,900 | |
| Listed by Keller Williams Realty Evolution | |||
| | |||
|
Offers, if any, due Mon. 9/10 by 5:00 PM. Less is MORE - Don't let the smaller square footage fool you! Efficient open floor plan makes this sun-washed second floor, 2 bedroom, 1 bath condo feel much bigger than expected. Hardwood floors throughout. Spacious living room with fireplace leads to dining room and adjoining kitchen with an insulated glass greenhouse window. A full bath and two good sized bedrooms complete the indoor living space. Private covered rear porch and one garage space included. Off Street parking for two additional vehicles. Laundry hook ups and common area storage space in basement. New roof in 2017. New Gas fired Boiler 2013. Low condo fee: $140 per month. Easy access to Rt 128, downtown Beverly, area restaurants, stores, beaches and parks.
| |||
| Oct 29, 2012 | Sold | ||
| Sold | |||
| Aug 25, 2012 | Listed by Keller Williams Realty Evolution | $184,900 | |
| Listed by Keller Williams Realty Evolution | |||
| May 5, 2006 | Sold | ||
| Sold | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
09/05/2018
|
2 Bed
|
1 Bath
|
786 ft²
|
$249,900
2 Bed
1 Bath
786 ft²
|
$270,000
+8.04%
10/12/2018
|
The Optimium Team
eXp Realty LLC - Corporate Office
| |
|
12/28/2013
|
2 Bed
|
1 Bath
|
801 ft²
|
$205,000
2 Bed
1 Bath
801 ft²
|
$207,000
+0.98%
02/18/2014
|
Kevin McCafferty
RyVal Homes
| |
|
08/25/2012
|
2 Bed
|
1 Bath
|
786 ft²
|
$184,900
2 Bed
1 Bath
786 ft²
|
$180,000
-2.65%
10/29/2012
|
William Hoey
RE/MAX Renaissance Inc.
| |
|
08/27/2007
|
2 Bed
|
1 Bath
|
1185 ft²
|
$215,000
2 Bed
1 Bath
1185 ft²
|
$200,000
-6.98%
12/21/2007
|
Pat Fenton
Lux Realty North Shore
| |
|
01/09/2006
|
2 Bed
|
1 Bath
|
1185 ft²
|
$258,900
2 Bed
1 Bath
1185 ft²
|
$250,000
-3.44%
05/05/2006
|
Stephanie Hans
Ermine Lovell RE, Inc.
| |
|
09/12/2005
| |
4 Bed
|
2 Bath
|
2016 ft²
|
$392,000
4 Bed
2 Bath
2016 ft²
|
$381,000
-2.81%
11/01/2005
|
Mary Ellen Feener
Bean Group
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017