623 Concord Rd
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%.
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.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 24, 2024 | Sold | ||
| Sold | |||
| Mar 12, 2024 | In contract | - | |
| In contract | |||
| Mar 5, 2024 | Listed by Berkshire Hathaway HomeServices Stephan Real Estate | $749,900 | |
| Listed by Berkshire Hathaway HomeServices Stephan Real Estate | |||
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Welcome to 623 Concord Road formerly known as the “Thompson School”, Meeting House, and Tavern. Listed in the Historic Registry and introduced to the market for the first time in 60+ years. Step inside this beloved and admired home built in 1870 and instantly feel the coziness, warmth and eclectic character that surrounds you. Opportunity to make this house your home. Enter the passive solar sunroom that brings light and heat into the first floor living space which includes front foyer, formal living room w/ fireplace, formal dining, eat-in kitchen, mudroom with a wall of custom cubbies and ½ bath. Plus, maple wood flooring. The second floor offers 4 generous sized bedrooms, an office, and full bath with clawfoot bathtub. Enjoy the bucolic gardens which include peach and apple fruit trees, blueberry and raspberry bushes and winter berries for the birds. Title V in hand. Walk to the HS, Featherland and new rail trail.Great Commuter location to Routes 117, 2, 27 and the Lincoln train.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017