48 Benjamin Road #48
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 |
|---|---|---|---|
| Jul 31, 2020 | Sold | ||
| Sold | |||
| Jun 16, 2020 | Listed by Advisors Living - Weston | $539,900 | |
| Listed by Advisors Living - Weston | |||
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Welcome to 48 Benjamin Road in the beautiful town of Belmont! This first floor sun filled 2 Bedroom 1 Bath condo features a beautifully updated Kitchen with stainless steel appliances, granite countertops and pantry. Direct access off the Kitchen to back porch area. Spacious Living Room features a fireplace that flows directly into the Dining Room. Both Bedrooms have ample closet space and hardwood flooring. Backyard common area has shared patio space. Plenty of storage in the Basement. Driveway parking available. Great commuter location close to Belmont Center's Commuter Rail Station & Bus Lines #74 & #75. Easy access to Belmont Center, Boston & major routes. This 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 |
|---|---|---|---|---|---|---|---|
|
06/16/2020
|
2 Bed
|
1 Bath
|
1015 ft²
|
$539,900
2 Bed
1 Bath
1015 ft²
|
$570,000
+5.58%
07/31/2020
|
Heather Cormier
Century 21 Commonwealth
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017