6 Danforth Lane #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 | |||
| | |||
|
"The Ipswich" at Red Mill Village is a beautiful Detached Home perfectly placed within the community. At the heart of this home is a beautiful kitchen that features fine cabinetry with ss-appliances, double oven range, a center island & granite c-tops. The eat in dining area also features built cabinets for additional storage & display plus a Butler's Pantry connecting to the expansive Dining Room. A spacious Living Room is completely open concept to the Kitchen & features a gas Fireplace centered between 2 sliding glass doors. A spectacular 1st Floor Master Bedroom with en-suite, 2 walk in closets & vaulted ceilings. There is also a Den on the 1st floor w/ a wall of beautiful built-ins. 2 additional Bedrooms on the 2nd flr Plus a Bonus Rm over the 2 car garage ideal for a Home Office. The Private Patio is a haven of tranquility & the 2 car garage offers a long driveway for additional Parking. Minutes frm I495 with easy access to Boston & Cape Cod. Maintenance Free lifestyle! Age 50+
| |||
| Apr 27, 2015 | Sold | ||
| Sold | |||
| Feb 10, 2015 | Listed by Radius Real Estate Center, LLC | $544,900 | |
| Listed by Radius Real Estate Center, LLC | |||
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