56 Garrison Rd #56
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%.
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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 |
|---|---|---|---|
| Aug 7, 2026 | Sold | ||
| Sold | |||
| Jul 20, 2026 | In contract | - | |
| In contract | |||
| Jul 9, 2026 | Price Decreased |
$549,900
↓ $20K
(3.5%) | |
| Price Decreased | |||
| Jun 12, 2026 | Price Decreased |
$569,900
↓ $10K
(1.7%) | |
| Price Decreased | |||
| Jun 2, 2026 | Listed by Hammond Residential Real Estate | $579,900 | |
| Listed by Hammond Residential Real Estate | |||
| |||
|
Super bright, inviting, oversized one-bedroom home welcomes you with a private entrance in a classic brick building located near the sought after Washington Square. The spacious layout features a large living room, a separate dining room, high ceilings, hardwood floors, and large windows providing an abundance of natural light. The updated kitchen is thoughtfully designed with shaker-style white cabinetry, marble countertops, stylish backsplash, a gas range, dishwasher, and large pantry. The home also features exceptional closet space, extra storage, and a conveniently located laundry room. Pet-friendly building. Transferable rental parking across the street. Enjoy an unbeatable location just steps to Washington Square, Star Market, and a great mix of shops and restaurants. Easy access to the MBTA Green Line (C and D) makes commuting a breeze. Set within a well-maintained association, this home offers the perfect blend of comfort, style, and convenience.
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Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
06/02/2026
|
1 Bed
|
1 Bath
|
767 ft²
|
$579,900
1 Bed
1 Bath
767 ft²
|
$549,000
-5.33%
08/07/2026
|
Barrie Wheeler
Hammond Residential Real Estate
| |
|
04/02/2024
|
1 Bed
|
1 Bath
|
767 ft²
|
$599,000
1 Bed
1 Bath
767 ft²
|
$549,000
-8.35%
06/27/2024
|
Barrie Wheeler
Hammond Residential Real Estate
| |
|
01/09/2020
|
1 Bed
|
1 Bath
|
767 ft²
|
$549,000
1 Bed
1 Bath
767 ft²
|
$575,000
+4.74%
02/18/2020
|
Frank Celeste
Gibson Sotheby's International Realty
| |
|
03/28/2017
|
1 Bed
|
1 Bath
|
767 ft²
|
$449,000
1 Bed
1 Bath
767 ft²
|
$480,000
+6.90%
05/01/2017
|
Adam Mundt
Kingston Real Estate & Management
| |
|
07/08/2011
|
1 Bed
|
1 Bath
|
767 ft²
|
$315,000
1 Bed
1 Bath
767 ft²
|
$315,500
+0.16%
02/24/2012
|
Mary Bradley
Coldwell Banker Realty - Sudbury
| |
|
03/25/2005
|
1 Bed
|
1 Bath
|
767 ft²
|
$329,000
1 Bed
1 Bath
767 ft²
|
$350,500
+6.53%
04/27/2005
|
Geoff L. Cramer
Century 21 The Howard Group
| |
|
10/24/2001
|
1 Bed
|
1 Bath
|
781 ft²
|
$259,900
1 Bed
1 Bath
781 ft²
|
$259,900
02/26/2002
|
Mary Gillach
William Raveis R. E. & Home Services
| |
|
12/08/1999
|
1 Bed
|
1 Bath
|
781 ft²
|
$165,000
1 Bed
1 Bath
781 ft²
|
$161,000
-2.42%
02/22/2000
|
Ruth Tenofsky
Coldwell Banker Residential Brokerage - Brookline
| |
|
04/11/1998
|
1 Bed
|
1 Bath
|
781 ft²
|
$129,000
1 Bed
1 Bath
781 ft²
|
$126,000
-2.33%
06/15/1998
|
Harold Klingsberg
Coldwell Banker Realty - Newton
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017