5B Eileen Circle #11
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%.
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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 |
|---|---|---|---|
| Nov 8, 2023 | Sold | ||
| Sold | |||
| Oct 17, 2023 | Listed by Compass | $415,000 | |
| Listed by Compass | |||
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Fantastic opportunity for first time buyers who meet Boston Planning & Development Agency criteria and income/asset limits. This bright, spacious 2 bedroom condo is in an ideal location, one block from Heath Street T and moments from Longwood Medical area. 1250+ SF all on one floor with 3 exposures and 10 large windows letting in plenty of natural light. Enjoy the privacy and views offered by the woodsy area alongside the building. Enter to open living/dining/kitchen with breakfast bar, dishwasher and pantry. Both of the large bedrooms in the rear of the unit have good closet space. Additional features: private entrance, side-by-side laundry machines in unit, and massive 700 SF private storage unit/basement with high ceilings that could even accommodate home gym! Last but not least, a direct access parking space in the rear of the building. BPDA INCOME LIMITS/requirements: must be 1st time buyer, max income 80% of AMI, $100k asset limit. Additional requirements apply. Ask for details.
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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 |
|---|---|---|---|---|---|---|---|
|
10/17/2023
|
2 Bed
|
1 Bath
|
1290 ft²
|
$415,000
2 Bed
1 Bath
1290 ft²
|
$370,000
-10.84%
11/08/2023
|
Melanie Olinto
Compass
| |
|
03/13/2023
|
2 Bed
|
1 Bath
|
-
|
$452,113
2 Bed
1 Bath
|
-
-
|
Melanie Olinto
Compass
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017