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7 Albert Ray Drive
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 |
|---|---|---|---|
| Oct 30, 2025 | Sold | ||
| Sold | |||
| Sep 13, 2025 | In contract | - | |
| In contract | |||
| Sep 2, 2025 | Listed by Realty Executives Boston West | $1,099,000 | |
| Listed by Realty Executives Boston West | |||
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This well-maintained & updated residence is located in desirable Ballard Hill Estates. The impressive two-story foyer welcomes you to formal living and dining rooms. The spacious kitchen, remodel in 2022, features ample cabinetry, coffee station, pull-out shelving, quartz tops, vent hood, & built-in MW. The kitchen and the family room with a gas fireplace share an open floor plan. Sliding doors lead to a mahogany deck & patio, ideal for effortless entertaining & family gatherings. The 2nd level comprises 4 large bedrooms with hardwood floors. The primary suite includes tray ceilings, large walk-in closets, remodeled bathroom with soaking tub & tiled shower. The finished lower level offers full windows, newer carpeting, and features a media area with an entertainment bar & refrigerator, spacious game/workout room, full bath, and a 5th bedroom/office space. HVAC/EcoBee/insulation added 2023. Level and sunny lot in a prime location—just minutes to Rt 9/90, MBTA, schools, and shopping
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| Jun 21, 2007 | Sold | ||
| Sold | |||
| Apr 5, 2007 | Listed | $569,900 | |
| Listed | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017