$412,500
●
Condo -
Off Market
7 Lanark Rd #2
Brookline, MA 02445
2 Beds
1 Bath
792 Ft²
$690,280
RealtyHop Estimate
74.75%
Since Nov 1, 2015
MA-Boston
Primary Model
About This Property
Set on a high first floor, this well proportioned home includes
five rooms, two bedrooms with a south facing exposure and includes
and an outdoor parking space. The unit has been freshly
painted, but does not have any cabinetry or appliances in the
kitchen and the bathroom is in need of repair. Selling in "as
is" condition. The Association is professionally managed,
with high owner occupancy, well funded reserves, common laundry and
has an on-site superintendent. The unit includes storage
locker in the basement. Located near Washington Square, MBTA
B,C and D Lines and the Runkle School/BHS.
Unit Size
792 Ft²
Days on Market
-
Land Size
-
Price per sqft
$499
Property Type
Condo
Property Taxes
$321
HOA Dues
$516
Year Built
-
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Cap Rate Calculator
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 4 months ago (MLSPIN #71866180)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 1, 2015 | Sold | ||
| Sold | |||
| Jun 30, 2015 | Listed by Berkshire Hathaway HomeServices Commonwealth Real Estate | $395,000 | |
| Listed by Berkshire Hathaway HomeServices Commonwealth Real Estate | |||
| | |||
|
Set on a high first floor, this well proportioned home includes five rooms, two bedrooms with a south facing exposure and includes and an outdoor parking space. The unit has been freshly painted, but does not have any cabinetry or appliances in the kitchen and the bathroom is in need of repair. Selling in "as is" condition. The Association is professionally managed, with high owner occupancy, well funded reserves, common laundry and has an on-site superintendent. The unit includes storage locker in the basement. Located near Washington Square, MBTA B,C and D Lines and the Runkle School/BHS.
| |||
Property Highlights
Parking Available
Air Conditioning
Parking Details
Parking Features: Off Street
Interior Details
Full Bathrooms: 1
Flooring Type: Wood
Rooms: 5
Basement: Y
Exterior Details
Has Property Attached
Square Footage: 792
Year Built Source: Public Records
Year Built: 1945
Building Area Total: 792
Building Area Units: Square Feet
Window Features: Insulated Windows
Construction Materials: Brick
Pool is Private
Lot Size Units: Acres
Water Source: Public
Financial Details
Tax Assessed Value: $360,300
Tax Annual Amount: $3,848
Utilities Details
Cooling Type: Window Unit(s)
Heating Type: Baseboard
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Water, Sewer, Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal, Trash, Heat
HOA/Condo/Coop Amenities: Hot Water
HOA Fee: $516
HOA Fee Frequency: Monthly
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
08/04/2022
|
2 Bed
|
1 Bath
|
-
|
$649,000
2 Bed
1 Bath
|
-
-
|
Bell | Whitman Group
Compass
| |
|
09/15/2022
|
2 Bed
|
1 Bath
|
792 ft²
|
$599,000
2 Bed
1 Bath
792 ft²
|
$555,000
-7.35%
12/08/2022
|
Yaxing Zhou
Ripple Realty Group LLC
| |
|
05/19/2021
|
2 Bed
|
1 Bath
|
792 ft²
|
$579,000
2 Bed
1 Bath
792 ft²
|
$620,000
+7.08%
06/18/2021
|
Arezou Dadgar Lemos
Marc Roos Realty
| |
|
04/11/2019
|
2 Bed
|
1 Bath
|
792 ft²
|
$579,000
2 Bed
1 Bath
792 ft²
|
$579,000
05/17/2019
|
Elissa Rogovin
Hammond Residential Real Estate
| |
|
06/30/2015
|
2 Bed
|
1 Bath
|
792 ft²
|
$395,000
2 Bed
1 Bath
792 ft²
|
$412,500
+4.43%
10/01/2015
|
Barrie Wheeler
Hammond Residential Real Estate
| |
|
09/02/2014
|
2 Bed
|
1 Bath
|
792 ft²
|
$399,000
2 Bed
1 Bath
792 ft²
|
$413,000
+3.51%
11/14/2014
|
Bin Ryter
Coldwell Banker Residential Brokerage - Newton - Centre St.
| |
|
10/12/2012
|
2 Bed
|
1 Bath
|
792 ft²
|
$389,000
2 Bed
1 Bath
792 ft²
|
$385,000
-1.03%
10/30/2012
|
Erin Baumgartner
Compass
| |
|
02/04/2010
|
2 Bed
|
1 Bath
|
792 ft²
|
$419,000
2 Bed
1 Bath
792 ft²
|
-
-
|
Karen Sandler
Castles Unlimited® - Commercial
| |
|
10/22/2004
|
2 Bed
|
1 Bath
|
792 ft²
|
$379,900
2 Bed
1 Bath
792 ft²
|
$380,000
+0.03%
01/19/2005
|
Greg Maund
William Raveis R. E. & Home Services
| |
|
09/05/2002
|
2 Bed
|
1 Bath
|
792 ft²
|
$338,900
2 Bed
1 Bath
792 ft²
|
$329,000
-2.92%
12/10/2002
|
Alexander Averbuch
Averbuch Realty
| |
|
05/03/2002
|
2 Bed
|
1 Bath
|
792 ft²
|
$319,000
2 Bed
1 Bath
792 ft²
|
$300,000
-5.96%
07/02/2002
|
Olga Perelman
Olga Perelman
|
Building Info
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Address: 335 Madison Avenue, New York, NY 10017