6 Shiraz Lane (29 Great Road)
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 11, 2020 | Sold | ||
| Sold | |||
| Feb 21, 2020 | Listed by Barrett Sotheby's International Realty | $769,000 | |
| Listed by Barrett Sotheby's International Realty | |||
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MOVE IN READY Conveniently located in East Acton nearby the Concord line with easy access to restaurants and shopping, Shiraz Lane rises above Great Road where the private cul-de-sac of ten detached condominium homes are now under construction. The main floor is open and elegant with 9-foot ceilings, hard wood floors and custom contemporary trim and crown moldings. The mud room is a true mud room with a bench, coat hooks and cubbies. Off the main hall is a private room for a den or guests, adjacent to a full bath. The staircase leading to the basement is open and leads to a finished lower hallway (finished family room is optional). The second-floor features two large bedrooms joined by a Jack and Jill bath with double sink. The master bedroom suite is nicely separated from the other bedrooms, has an en suite with a large shower, and walk in closet.
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| Jul 2, 1992 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017