59 Bailey St #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%.
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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 |
---|---|---|---|
Feb 14, 2025 | In contract | - | |
In contract | |||
Feb 6, 2025 | Listed by Ivy Realty Group | $549,900 | |
Listed by Ivy Realty Group | |||
May 15, 2019 | Sold | ||
Sold | |||
Mar 20, 2019 | Listed by Ivy Realty Group | $509,000 | |
Listed by Ivy Realty Group | |||
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LAST UNIT LEFT! Move into the heart of the bustling Ashmont
neighborhood and right down the street from incoming American
Provisions and a block from the Ashmont T Station.! These three
impeccably renovated and incredibly designed residences are ready
for you! Experience a luxurious lifestyle with all the conveniences
of city living. This 900 sqft residence feels so much larger!
Boasting 3 spacious bedrooms, 2 full bathrooms and flooded with
natural light, these homes have it all…
|
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
03/20/2019
|
3 Bed
|
2 Bath
|
900 ft²
|
$509,000
3 Bed
2 Bath
900 ft²
|
$509,000
05/15/2019
|
-
|
Amy Frizzi
Ivy Realty Group
| |
01/02/2019
|
3 Bed
|
2 Bath
|
984 ft²
|
$509,000
3 Bed
2 Bath
984 ft²
|
$509,000
02/26/2019
|
-
|
SellBoston Team
SellBoston LLC
| |
01/02/2019
|
3 Bed
|
2 Bath
|
1153 ft²
|
$529,000
3 Bed
2 Bath
1153 ft²
|
$529,000
02/22/2019
|
-
|
Mark Ott
Coldwell Banker Realty - Back Bay
|
Building Info
- 1 Unit for Sale

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