491 Lexington Road
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 |
|---|---|---|---|
| Oct 24, 2016 | Sold | ||
| Sold | |||
| May 19, 2016 | Listed by Coldwell Banker Residential Brokerage - Concord | $1,195,000 | |
| Listed by Coldwell Banker Residential Brokerage - Concord | |||
| Nov 1, 2010 | Sold | ||
| Sold | |||
| Oct 22, 2008 | Listed by Keller Williams Realty Boston Northwest | $549,000 | |
| Listed by Keller Williams Realty Boston Northwest | |||
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Called "Grapevine Cottage",for here, nestled against the Ridge with warm southern exposure, the Concord Grape was first propagated. Close to the homes of Hawthorne and the Alcott family, this Historically significant, center-chimney First Period 1 1/2 story cottage (c.1690-1716) retains fan-window, corner cupboard, antique hardware and original details. Minutes to the village center and set among noteworthy homes. Not encumbered by modern upgrades, this is a Restorers Dream!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017