$400,000
●
Multifamily -
Off Market
48 Rangeley Road #2
Newton, MA 02465
Studio
2 Baths
1,764 Ft²
$784,635
RealtyHop Estimate
89.07%
Since Oct 1, 2007
MA-Boston
Primary Model
About This Property
Sunny spacious 2003 condo conversion on 2nd-3rd fl features modern
new kitchen with stainless appliances,granite counters,and
penninsula eating area, pantry off kitchen features convenient
laundry & more cabinets,modern bath-2good size brs,formal
DR,spacious LR w/tailored recessed lighting-office combo TV area
features stairs to 2 new rooms on 3rd floor built 2002 with sleek
bath,open back porch,lots basement strg,driveway prk for 3car,quiet
neighborhood close to elementary school,walk to trans
Unit Size
1,764 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$235
Property Type
Multifamily
Property Taxes
$343
HOA Dues
$255
Year Built
1928
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 5 years ago (MLSPIN #70613976)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 20, 2007 | Sold | ||
| Sold | |||
| Jul 13, 2007 | Listed by Coldwell Banker Realty - Newton | $415,000 | |
| Listed by Coldwell Banker Realty - Newton | |||
Property Highlights
Air Conditioning
Parking Available
Interior Details
Level: Second
Width: 12
Length: 10
Features: Dining Area, Pantry
Area: 120
Level: Third
Area: 81
Width: 9
Features: Flooring - Stone/Ceramic Tile
Length: 9
Area: 56
Features: Flooring - Stone/Ceramic Tile
Length: 7
Level: Second
Width: 8
Level: Second
Features: Flooring - Hardwood
Width: 11
Length: 11
Area: 121
Width: 12
Features: Flooring - Hardwood
Length: 19
Level: Second
Area: 228
Features: Flooring - Wall to Wall Carpet
Width: 16
Length: 15
Area: 240
Level: Third
Length: 20
Level: Second
Area: 260
Features: Flooring - Hardwood
Width: 13
Features: Flooring - Hardwood
Level: Second
Length: 13
Width: 11
Area: 143
Features: No
Full Bathrooms: 2
Interior Features: Den
Appliances: Range, Dishwasher, Disposal, Gas Water Heater, Utility Connections for Gas Range, Utility Connections for Electric Dryer
Flooring Type: Wood, Tile, Carpet, Flooring - Hardwood
Laundry Features: Second Floor, Washer Hookup
Rooms: 8
Basement: Y
Parking Details
Parking Features: Off Street, Deeded
Exterior Details
Entry Level: 2
Year Built Source: Public Records
Year Built Details: Actual
PropertySubType: Condex
Structure Type: 2/3 Family
Stories (Total): 2
Building Area Units: Square Feet
Window Features: Insulated Windows, Storm Window(s)
Construction Materials: Frame
Patio and Porch Features: Porch
Lead Paint: Unknown
Lot Size Area: 0.14
Lot Size Units: Acres
Lot Size Acres: 0.14
Zoning: SR3
Parcel Number: 689839
Water Source: Public, City/Town Water, City/Town Sewer
Financial Details
Tax Assessed Value: $436,900
Tax Annual Amount: $4,117
Utilities Details
Utilities: for Gas Range, for Electric Dryer, Washer Hookup
Cooling Type: Window Unit(s)
Heating Type: Central, Electric Baseboard, Steam, Natural Gas
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Water, Sewer, Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal
HOA Fee: $255
Community Features: Public Transportation, Shopping, Pool, Tennis Court(s), Medical Facility, Laundromat
Pets Allowed: Yes w/ Restrictions
Complex is Completed
Management: Owner Association
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
07/13/2007
|
Loft
|
2 Bath
|
1764 ft²
|
$415,000
Loft
2 Bath
1764 ft²
|
$400,000
-3.61%
09/20/2007
|
Roberta Landau
Coldwell Banker Realty - Newton
| |
|
12/10/1999
| |
5 Bed
|
-
|
4338 ft²
|
$455,000
5 Bed
-
4338 ft²
|
$455,000
02/25/2000
|
Roberta Landau
Coldwell Banker Realty - Newton
|
Building Info
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017