50 Floret Circle #50
About This Property
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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 |
|---|---|---|---|
| Jan 12, 2024 | Sold | ||
| Sold | |||
| Oct 28, 2023 | In contract | - | |
| In contract | |||
| Oct 23, 2023 | Listed by Coldwell Banker Realty - Hingham | $1,425,000 | |
| Listed by Coldwell Banker Realty - Hingham | |||
| | |||
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Located in "The Meadows" community, this sought after upgraded end unit excels in meticulous craftsmanship and modern sophistication and offers care free 1 level living. The main level features a Chefs Kitchen w/ polished granite countertops and top-tier appliances ,a Sunny Breakfast Nook that flows into a light-soaked Family Room that extends into a Private Deck and Patio ,an elegant Formal Living/Dining room complete with a gas fireplace ,a Primary Suite with a spa-like bath and second Bedroom offering the versatility of becoming a home office that is also complemented by an updated Bath,. The lower level features a Guest Suite or Entertainment Hub, complete with abundant storage. Community amenities amplify lifestyle luxury with a clubhouse, pool, and tennis courts.Located minutes away from Downtown Hingham, The Hingham Harbor and the Commuter train and Boat to Boston!
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| Aug 21, 2002 | Sold | ||
| Sold | |||
| Jul 11, 2002 | Listed by Hingham Real Estate Co. | $525,000 | |
| Listed by Hingham Real Estate Co. | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
10/23/2023
|
2 Bed
|
2 Bath
|
2321 ft²
|
$1,425,000
2 Bed
2 Bath
2321 ft²
|
$1,600,000
+12.28%
01/12/2024
|
Kate Johnson
Compass
| |
|
07/11/2002
|
2 Bed
|
2 Bath
|
1671 ft²
|
$525,000
2 Bed
2 Bath
1671 ft²
|
$490,000
-6.67%
08/21/2002
|
Bonnie Handrahan
Hingham Real Estate Co.
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017