572 E Broadway #4
About This Property
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Cap Rate Calculator
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.
You can learn more about cap rate here .
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Dec 19, 2023 | Sold to Andrea Raffol | $580,000 | |
Sold to Andrea Raffol | |||
Nov 10, 2023 | In contract | - | |
In contract | |||
Nov 2, 2023 | Price Decreased |
$599,000
↓ $31K
(4.9%) | |
Price Decreased | |||
Oct 13, 2023 | Price Decreased |
$630,000
↓ $19K
(2.9%) | |
Price Decreased | |||
Sep 21, 2023 | Listed by Engel & Volkers Boston | $649,000 | |
Listed by Engel & Volkers Boston |
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
03/14/2024
|
2 Bed
|
1 Bath
|
867 ft²
|
$699,000
2 Bed
1 Bath
867 ft²
|
$685,000
-2.00%
04/08/2024
|
-
|
Ash Williams
Gibson Sotheby's International Realty
| |
09/21/2023
|
1 Bed
|
1 Bath
|
725 ft²
|
$649,000
1 Bed
1 Bath
725 ft²
|
$580,000
-10.63%
12/19/2023
|
Daniel Distefano
Engel & Volkers Boston
| ||
09/04/2019
|
1 Bed
|
1 Bath
|
840 ft²
|
$549,900
1 Bed
1 Bath
840 ft²
|
$537,500
-2.25%
11/20/2019
|
Michael Falotico
William Raveis R.E. & Home Services
| ||
03/08/2018
|
1 Bed
|
1 Bath
|
725 ft²
|
$499,000
1 Bed
1 Bath
725 ft²
|
$537,500
+7.72%
04/27/2018
|
ResCo Team
Gibson Sotheby's International Realty
| ||
03/22/2012
|
1 Bed
|
1 Bath
|
725 ft²
|
$329,000
1 Bed
1 Bath
725 ft²
|
$319,000
-3.04%
05/11/2012
|
-
|
Paula Maher
Capital Residential Group, LLC
| |
11/04/2011
|
2 Bed
|
1 Bath
|
867 ft²
|
$329,000
2 Bed
1 Bath
867 ft²
|
$310,000
-5.78%
03/23/2012
|
-
|
Matthew Freeman
Coldwell Banker Realty - Milton
| |
04/10/2007
|
2 Bed
|
1 Bath
|
860 ft²
|
$359,000
2 Bed
1 Bath
860 ft²
|
$328,000
-8.64%
10/25/2007
|
Beth Dailey
Boston Realty Sales & Services
| ||
05/10/2006
|
1 Bed
|
1 Bath
|
725 ft²
|
$269,900
1 Bed
1 Bath
725 ft²
|
-
09/29/2006
|
Thomas Mario
MA Properties
|