7 Cedar Square #7
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 |
|---|---|---|---|
| May 9, 2016 | Sold | ||
| Sold | |||
| Mar 22, 2016 | Listed by RE/MAX Real Estate Center | $219,900 | |
| Listed by RE/MAX Real Estate Center | |||
| Jul 31, 2008 | Sold | ||
| Sold | |||
| Apr 13, 2008 | Listed | $239,900 | |
| Listed | |||
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Easy commute to Framingham,Natick or Wellesley from this pet friendly condo complex. You'll love the large eat in kitchen with ceramic tile floor.Updated baths. Master has walk-in closet.Newer tilt-in style windows. Your own private deck to enjoy and relax. This condo has a full basement with sliders to the outside that could easily be finished. This condo is clean,neat and ready for you to move in. Better hurry!! The year average electric bill including heat was $133 monthly.
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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 |
|---|---|---|---|---|---|---|---|
|
03/22/2016
|
2 Bed
|
2 Bath
|
1080 ft²
|
$219,900
2 Bed
2 Bath
1080 ft²
|
$219,900
05/09/2016
|
Joleen Rose
ERA Key Realty Services-Bay State Group
| |
|
04/13/2008
|
2 Bed
|
1 Bath
|
1080 ft²
|
$239,900
2 Bed
1 Bath
1080 ft²
|
$235,000
-2.04%
07/31/2008
|
Allan Sawyer
RE/MAX Executive Realty
| |
|
03/20/1998
|
2 Bed
|
2 Bath
|
1080 ft²
|
$109,876
2 Bed
2 Bath
1080 ft²
|
$105,000
-4.44%
05/15/1998
|
Maureen Crites
Berkshire Hathaway HomeServices Page Realty
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017