55 Concord Avenue
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 |
|---|---|---|---|
| Jul 10, 2018 | Sold | ||
| Sold | |||
| Mar 24, 2017 | Listed by Engel & Volkers South Boston | $1,250,000 | |
| Listed by Engel & Volkers South Boston | |||
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NEW CONSTRUCTION - Located within walking distance to Belmont Center & only 2.5 miles to Harvard Square, you can't beat this location! Beautifully designed featuring exquisite millwork & high end details throughout; high ceilings including a 12’ vaulted master; open concept on main floor; entertainment set up in lower level. The kitchen includes high end SS appliances, island, Quartz & Marble counters, overlooks gas fireplace family room, & sliding glass door to deck/patio. All bedrooms, full baths, & laundry with washing sink are located on the 2nd floor. The master suite offers a custom built-in closet & a spectacular master bath features a dual vanity, custom oversized mirror, heated floor, dual rain head shower, soaking tub, & plenty of Venatino Marble. The lower level offers an entertainment area pre-wired for a flat screen wall mount & in-ceiling surround sound, which walks out to the beautifully landscaped yard. Make this YOUR home this summer!
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| Jan 12, 2016 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017