51 Ossipee Road #1
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 |
|---|---|---|---|
| Jan 8, 2025 | Sold | ||
| Sold | |||
| Dec 11, 2024 | In contract | - | |
| In contract | |||
| Oct 30, 2024 | Listed by Thalia Tringo & Associates Real Estate, Inc. | $1,175,000 | |
| Listed by Thalia Tringo & Associates Real Estate, Inc. | |||
| | |||
|
Big, bright, beautiful condo on 3 levels w/central air, wraparound porch, garden, and unobstructed parking space on corner lot btwn Davis and Teele Sqs. From the enticing front porch, the unit door is off the common entry. Inside is a gracious foyer w/stained glass windows and hall closet. Ahead is a bedroom, full bath, and stairs to a top floor primary bedroom w/ensuite full bath.To the right, the expansive open LR/DR/kitchen area features gas fp, lg windows, side porch door, fully equipped kitchen (w/gas cooktop, vent hood, wall oven, stone counters, breakfast bar, abundant cabinetry, great task lighting), and mudroom w/door to driveway. Off the DR, a French door leads to a stunning, large finished lower level family room w/bar sink and wine fridge; a large office; full, tiled bath; and laundry room. Walk to the many delights of Teele and Davis Sqs., including eateries, shops, theaters, Red Line and GLX subways, and bike paths. Reach Tufts, Harvard, and MIT by foot, bike, or transit.
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| Oct 28, 2024 | No longer available | - | |
| No longer available | |||
| Oct 15, 2024 | Price Decreased |
$1,175,000
↓ $50K
(4.1%) | |
| Price Decreased | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
07/10/2024
|
2 Bed
|
3 Bath
|
1954 ft²
|
$1,250,000
2 Bed
3 Bath
1954 ft²
|
-
-
|
Thalia Tringo
Thalia Tringo & Associates Real Estate, Inc.
| |
|
03/03/2016
|
4 Bed
|
2 Bath
|
1822 ft²
|
$1,074,900
4 Bed
2 Bath
1822 ft²
|
$1,050,000
-2.32%
05/19/2016
|
Fariba Rostam
Boston City Realty
| |
|
10/28/2015
|
2 Bed
|
3 Bath
|
1954 ft²
|
$839,900
2 Bed
3 Bath
1954 ft²
|
$830,000
-1.18%
01/06/2016
|
Fariba Rostam
Boston City Realty
| |
|
12/01/2014
| |
5 Bed
|
3 Bath
|
3540 ft²
|
$995,000
5 Bed
3 Bath
3540 ft²
|
$1,030,000
+3.52%
02/25/2015
|
Irene Bremis
LAER Realty Partners / iBremis Realty
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017