48 Phillips Rd. #21
About This Property
Payment Calculator
Your Estimated Monthly Payment
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 |
|---|---|---|---|
| Oct 31, 2008 | Sold | ||
| Sold | |||
| Jul 22, 2008 | Listed by Carrie Stevens | $135,000 | |
| Listed by Carrie Stevens | |||
| | |||
|
RICE SCHOOL CONDOMINIUMS Pre-construction offering! Beautiful, spacious brand new one and two bedroom units in the former Rice School. Huge walk in closets, high ceilings, gorgeous windows, come see for yourself! Great in town location - within walking distance to Main Street yet in a peaceful, quiet, country setting. Call today for an appointment!
| |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
05/30/2025
|
2 Bed
|
2 Bath
|
1547 ft²
|
$389,000
2 Bed
2 Bath
1547 ft²
|
-
-
|
Lisa Hugo
Coldwell Banker Realty - Worcester
| |
|
06/18/2025
|
2 Bed
|
1 Bath
|
1223 ft²
|
$330,000
2 Bed
1 Bath
1223 ft²
|
-
-
|
John Mansfield
DCU Realty - Marlboro
| |
|
10/13/2023
|
2 Bed
|
2 Bath
|
1273 ft²
|
$359,900
2 Bed
2 Bath
1273 ft²
|
$349,900
-2.78%
03/29/2024
|
Dianne Zottoli
Holden Realty Inc.
| |
|
06/12/2020
|
2 Bed
|
1 Bath
|
1225 ft²
|
$215,000
2 Bed
1 Bath
1225 ft²
|
$214,800
-0.09%
08/24/2020
|
Carrie Stevens
Carrie Stevens
| |
|
04/24/2019
|
2 Bed
|
2 Bath
|
1200 ft²
|
$195,000
2 Bed
2 Bath
1200 ft²
|
$192,500
-1.28%
07/30/2019
|
Feanna Jattan-Singh
Cameron Prestige, LLC
| |
|
09/05/2017
|
1 Bed
|
1 Bath
|
908 ft²
|
$159,900
1 Bed
1 Bath
908 ft²
|
$154,000
-3.69%
02/28/2018
|
Katie Bilotta
ERA Key Realty Services - Worcester
| |
|
08/02/2017
|
2 Bed
|
2 Bath
|
1536 ft²
|
$249,000
2 Bed
2 Bath
1536 ft²
|
$234,400
-5.86%
03/12/2018
|
Carrie Stevens
Carrie Stevens
| |
|
06/26/2015
|
1 Bed
|
1 Bath
|
908 ft²
|
$158,900
1 Bed
1 Bath
908 ft²
|
$143,000
-10.01%
08/09/2016
|
Katie Bilotta
ERA Key Realty Services - Worcester
| |
|
01/30/2014
|
2 Bed
|
2 Bath
|
1450 ft²
|
$239,000
2 Bed
2 Bath
1450 ft²
|
$207,000
-13.39%
06/06/2014
|
Carrie Stevens
Carrie Stevens
| |
|
07/25/2013
|
2 Bed
|
2 Bath
|
1274 ft²
|
$165,000
2 Bed
2 Bath
1274 ft²
|
$165,000
08/08/2013
|
Sold Squad
RE/MAX Professional Associates
| |
|
07/13/2010
|
2 Bed
|
1 Bath
|
1200 ft²
|
$205,000
2 Bed
1 Bath
1200 ft²
|
-
-
|
Carrie Stevens
Carrie Stevens
| |
|
06/04/2010
|
2 Bed
|
2 Bath
|
1255 ft²
|
$219,000
2 Bed
2 Bath
1255 ft²
|
-
-
|
Carrie Stevens
Carrie Stevens
| |
|
03/26/2010
|
2 Bed
|
1 Bath
|
1175 ft²
|
$209,000
2 Bed
1 Bath
1175 ft²
|
-
-
|
Carrie Stevens
Carrie Stevens
| |
|
01/10/2010
|
2 Bed
|
2 Bath
|
1273 ft²
|
$191,000
2 Bed
2 Bath
1273 ft²
|
-
-
|
Cynthia Chagnon
Soucy Realty Inc.
| |
|
09/06/2008
|
1 Bed
|
1 Bath
|
805 ft²
|
$155,000
1 Bed
1 Bath
805 ft²
|
$159,500
+2.90%
10/31/2008
|
Carrie Stevens
Carrie Stevens
| |
|
08/24/2008
|
1 Bed
|
1 Bath
|
900 ft²
|
$159,000
1 Bed
1 Bath
900 ft²
|
$159,000
10/16/2008
|
Carrie Stevens
Carrie Stevens
| |
|
08/24/2008
|
1 Bed
|
1 Bath
|
915 ft²
|
$159,000
1 Bed
1 Bath
915 ft²
|
$159,000
11/26/2008
|
Carrie Stevens
Carrie Stevens
| |
|
07/22/2008
|
2 Bed
|
2 Bath
|
1220 ft²
|
$229,000
2 Bed
2 Bath
1220 ft²
|
-
-
|
Carrie Stevens
Carrie Stevens
| |
|
07/22/2008
|
1 Bed
|
1 Bath
|
835 ft²
|
$155,000
1 Bed
1 Bath
835 ft²
|
$155,000
07/22/2008
|
Carrie Stevens
Carrie Stevens
| |
|
07/22/2008
|
1 Bed
|
1 Bath
|
665 ft²
|
$135,000
1 Bed
1 Bath
665 ft²
|
$139,000
+2.96%
10/31/2008
|
Carrie Stevens
Carrie Stevens
| |
|
06/09/2008
|
1 Bed
|
1 Bath
|
930 ft²
|
$163,000
1 Bed
1 Bath
930 ft²
|
$163,000
08/15/2008
|
Carrie Stevens
Carrie Stevens
| |
|
06/09/2008
|
1 Bed
|
1 Bath
|
850 ft²
|
$159,000
1 Bed
1 Bath
850 ft²
|
$159,000
09/23/2008
|
Carrie Stevens
Carrie Stevens
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017