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$329,000
● Condo - Off Market

516 Green #4B

bedrooms
2 Beds
bathrooms
1 Bath
square feet
700 Ft²
$556,230
RealtyHop Estimate
86.03%
Since Apr 1, 2005
National-US
Primary Model

About This Property

This two bedroom condominium will be completely renovated. The kitchen will have ceramic tile floors, marble countertop w/ breakfast bar, new fixtures and appliances. The developer also plans to refurbish the common areas including the lobby, hallways, and stairways. The building is on a one way street in a terrific location between Harvard and Central square. There is an option to purchase a parking space with the unit for $30,000.
Unit Size
700 Ft²
Days on Market
-
Land Size
-
Price per sqft
$427
Property Type
Condo
Property Taxes
$104
HOA Dues
$195
Year Built
-

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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: 4 years ago (MLSPIN #70143855)

Price History

Date / Event Date Event Price
Mar 23, 2005 Sold
Premium
Sold
Feb 9, 2005 Listed by Deborah Ewings $299,000
Listed by Deborah Ewings

Property Highlights

Parking Available
Interior Details
Level: First
Features: Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid
Level: First
Features: Flooring - Stone/Ceramic Tile
Level: First
Level: First
Level: First
Features: No
Full Bathrooms: 1
Appliances: Range, Dishwasher, Refrigerator
Flooring Type: Wood, Tile
Rooms: 4
Basement: N
Parking Details
Parking Features: Assigned
Exterior Details
Has Property Attached
Entry Level: 4
Security Features: Intercom
Year Built Source: Public Records
Year Built Details: Actual
PropertySubType: Condominium
Building Name: 516 Green Street Condominium
Structure Type: Mid-Rise
Stories (Total): 1
Building Area Units: Square Feet
Lead Paint: Unknown
Lot Size Units: Acres
Zoning: RES
Parcel Number: 420276
Water Source: Public, City/Town Water
Financial Details
Tax Assessed Value: $999,999
Tax Annual Amount: $1,242
Utilities Details
Cooling Type: None
Heating Type: Natural Gas
Location Details
HOA/Condo/Coop Fee Includes: Water, Sewer, Insurance, Maintenance Structure, Snow Removal
HOA/Condo/Coop Amenities: Hot Water
HOA Fee: $195
Community Features: Public Transportation, Shopping, Laundromat
Complex is Completed
Management: Developer Control

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

Past Sales

Date Unit Beds Baths Sqft Price Closed Listed By

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Last Updated: 4 years ago
Data Source: MLS PIN, MLS# 70143855
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