53 Bates Rd #2
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 |
|---|---|---|---|
| Nov 1, 2016 | Sold | ||
| Sold | |||
| May 31, 2016 | Listed by Financial Group Realty | $237,000 | |
| Listed by Financial Group Realty | |||
| | |||
|
No Condo Fees! Spacious 3 bedroom townhouse with great view of the park. Hardwood floors in living room, dining room, and bedrooms. Ceramic floor in kitchen and bathrooms. Updated kitchen with stainless oven, dishwasher, and microwave. Large basement with washer/dryer hookup that could be finished or for storage. Great location near shopping, commuter rail, restaurants and more!
| |||
| Aug 28, 2007 | Sold | ||
| Sold | |||
| Apr 3, 2007 | Listed by RE/MAX One Call Realty | $229,900 | |
| Listed by RE/MAX One Call Realty | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
05/31/2016
|
3 Bed
|
1 Bath
|
1240 ft²
|
$237,000
3 Bed
1 Bath
1240 ft²
|
$235,000
-0.84%
11/01/2016
|
Sharon Apkon Prybyla
Coldwell Banker Residential Brokerage - Framingham
| |
|
04/03/2007
|
3 Bed
|
1 Bath
|
1240 ft²
|
$229,900
3 Bed
1 Bath
1240 ft²
|
$228,000
-0.83%
08/28/2007
|
Christopher Mahoney
RE/MAX One Call Realty
| |
|
08/21/2004
|
Loft
|
2 Bath
|
1240 ft²
|
$295,000
Loft
2 Bath
1240 ft²
|
$287,738
-2.46%
06/13/2005
|
Vilma Dassoni
Downtown Boston Realty
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017