49 Backriver Road #J49
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 |
|---|---|---|---|
| Mar 27, 2015 | Sold | ||
| Sold | |||
| Nov 5, 2014 | Listed by The Hastings Companies | $2,000,000 | |
| Listed by The Hastings Companies | |||
| | |||
|
WE'VE SAVED THE BEST FOR LAST! ACT FAST!! EACH HOME HAS THE BEST VIEWS OF THE RIVER AND PARK AT BACKRIVER. SEE NEW 3 SEASON COVERED PORCH AND OPEN FLOOR PLAN FEATURES. Gracious residence tucked away between Bare Cove Park and Hingham Shipyard. Enjoy the serenity of an exclusive residential neighborhood while living within walking distance to town's best restaurants, movie theater, marina, commuter boat and commuter rail.
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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 |
|---|---|---|---|---|---|---|---|
|
11/05/2014
|
4 Bed
|
4 Bath
|
5068 ft²
|
$2,000,000
4 Bed
4 Bath
5068 ft²
|
$1,888,830
-5.56%
03/27/2015
|
Thomas Hastings
The Hastings Companies
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017