$362,918
●
Condo -
Off Market
505 Red Tail Way
Lancaster, MA 01523
2 Beds
2 Baths,
1
Half Bath
1,850 Ft²
$626,782
RealtyHop Estimate
98.60%
Since Jun 1, 2013
National-US
Primary Model
About This Property
End unit location. Peaceful and private, overlooking acres of
conservation land; the perfect transition to town home living.
Relax on your enclosed porch with glass windows and screens.
Sun light pours through the bay window in the dining area, open
floor plan, hardwood floors, granite counters, recessed light and
under cabinet lighting in the kitchen. A large walk out basement is
perfect for finishing or additional storage. The large second floor
BR/loft/full bath is a fabulous guest suite
Unit Size
1,850 Ft²
Days on Market
-
Land Size
-
Price per sqft
$171
Property Type
Condo
Property Taxes
-
HOA Dues
$254
Year Built
2013
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Cap Rate Calculator
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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: 6 months ago (MLSPIN #71478059)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 16, 2013 | Sold | ||
| Sold | |||
| Feb 1, 2013 | Listed by C & H Realty | $315,600 | |
| Listed by C & H Realty | |||
Property Highlights
Garage
Parking Available
Air Conditioning
Fireplace
Parking Details
Has Garage
Attached Garage
Parking Features: Attached, Garage Door Opener, Off Street
Garage Spaces: 1
Interior Details
Half Bathrooms: 1
Full Bathrooms: 2
Interior Features: Closet, Loft, Entry Hall
Appliances: Microwave, ENERGY STAR Qualified Dishwasher, Range, Plumbed For Ice Maker
Flooring Type: Tile, Carpet, Hardwood, Flooring - Wall to Wall Carpet, Flooring - Hardwood
Door Features: Insulated Doors
Laundry Features: Electric Dryer Hookup, Washer Hookup, Flooring - Stone/Ceramic Tile, First Floor
Rooms: 6
Has Fireplace
Fireplace Features: Living Room
Basement: Y
Exterior Details
Has Property Attached
Square Footage: 1850
Year Built Source: Builder
Year Built: 2013
Building Name: Blue Heron Pond
Building Area Total: 1850
Other Structures: Gazebo
Building Area Units: Square Feet
Window Features: Insulated Windows, Screens
Construction Materials: Frame
Patio and Porch Features: Enclosed
Lot Size Units: Acres
Water Source: Public
Utilities Details
Cooling Type: Central Air
Heating Type: Forced Air, Natural Gas
Sewer : Private Sewer
Location Details
HOA/Condo/Coop Fee Includes: Water, Sewer, Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal, Trash, Road Maintenance
HOA/Condo/Coop Amenities: Garden Area
HOA Fee: $254
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 |
|---|---|---|---|---|---|---|---|
|
02/01/2013
| |
2 Bed
|
2 Bath
|
1850 ft²
|
$315,600
2 Bed
2 Bath
1850 ft²
|
$306,000
-3.04%
05/16/2013
|
Holly Plante
C & H Realty
|
Building Info
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017