6 Danforth Ln #6
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 |
|---|---|---|---|
| Nov 1, 2021 | Sold | ||
| Sold | |||
| Jul 21, 2021 | Listed by Conway - Mansfield | $724,900 | |
| Listed by Conway - Mansfield | |||
| Apr 27, 2015 | Sold | ||
| Sold | |||
| Feb 10, 2015 | Listed by Radius Real Estate Center, LLC | $544,900 | |
| Listed by Radius Real Estate Center, LLC | |||
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READY FOR IMMEDIATE OCCUPANCY This beautiful home is a RESALE opportunity at Red Mill Village. The Ipswich, a DETACHED single family home style offers a generous 3,031 sq ft of living space. This award winning Open Concept Floor Plan Design features a beautiful kitchen with a center island and bar seating for 3 plus an eating area. The open concept kitchen allows a connection to the over sized Family Room boasting a gas fireplace with a beautiful mantle and granite surround. Other features include Granite counter tops, stainless steel appliances, & hardwood floors. Expansive dining room with chair rail, Den on 1st floor offers built in library. Master bedroom suite also all on 1st floor, 2 additional bedrooms on second floor and Bonus Room ideal for Home Office or Media Room. Private Patio and 2 car garage all in a distinctive, maintenance free lifestyle community! Mature landscaping on beautiful grounds minutes from I495 with easy access to Boston, Providence and Cape Cod.
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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 |
|---|---|---|---|---|---|---|---|
|
07/21/2021
|
3 Bed
|
3 Bath
|
3031 ft²
|
$724,900
3 Bed
3 Bath
3031 ft²
|
$710,000
-2.06%
11/01/2021
|
Olimpia Carmone
Radius Real Estate Center, LLC
| |
|
02/10/2015
|
3 Bed
|
3 Bath
|
3031 ft²
|
$544,900
3 Bed
3 Bath
3031 ft²
|
$535,000
-1.82%
04/27/2015
|
Olimpia Carmone
Radius Real Estate Center, LLC
| |
|
07/23/2005
|
3 Bed
|
2 Bath
|
2616 ft²
|
$593,000
3 Bed
2 Bath
2616 ft²
|
$685,035
+15.52%
02/24/2006
|
Nancy McLaughlin
Redfin Corp.
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017