$419,000
●
Condo -
Off Market
7 Lanark Road #4
Brookline, MA 02445
2 Beds
1 Bath
792 Ft²
$2,710
Est. Monthly
$500
HOA / Fees
6.26%
Cap Rate
About This Property
Bright, crisp, pristine condition; great layout and use of space.
'02 kitchen renovation; updated electric including circuit
breakers, wiring and cable. Ceilings redone; replacement
windows. Custom built-in cabinetry in separate DR; terrific closet
and kitchen storage space. Wood and ceramic flooring. '05
Bosch stacking w/d in unit. Exclusive right of use to both
parking and large storage area. Pets OK. Prof. managed; high owner
occupancy and reserves. Easy T access.
Unit Size
792 Ft²
Days on Market
-
Land Size
-
Price per sqft
$529
Property Type
Condo
Property Taxes
$152
HOA Dues
$500
Year Built
-
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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: 2 years ago (MLSPIN #71028253)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 5, 2010 | Sold | ||
| Sold | |||
| Jun 4, 2010 | Listed by HomeBuyersAdvisor.com | $369,000 | |
| Listed by HomeBuyersAdvisor.com | |||
| | |||
|
Fabulous unit, great layout w/terrific flow. Large LR w/expansive walls for HDTV; reno.kit.w/lots of storage; separate DR w/built-ins; 2 corner BRs w/big closets; updtd BA. W/D in unit. Wood and tile flooring; updated electric; replacement windows. Parking and separate storage. Pets OK. Professionally managed association w/high owner-occupancy and reserves - FHA qualified. Easy access to 3 "T" lines.
| |||
| Feb 4, 2010 | Listed | $419,000 | |
| Listed | |||
Property Highlights
Parking Available
Parking Details
Parking Features: Off Street, Deeded
Interior Details
Full Bathrooms: 1
Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer/Dryer
Flooring Type: Wood, Tile
Laundry Features: Electric Dryer Hookup, First Floor
Rooms: 5
Basement: Y
Exterior Details
Square Footage: 792
Year Built Source: Public Records
Year Built: 1945
Building Name: Brookline Gardens Condo Trust
Building Area Total: 792
Building Area Units: Square Feet
Window Features: Insulated Windows
Lot Size Units: Acres
Water Source: Public, City/Town Water
Financial Details
Tax Assessed Value: $328,800
Tax Annual Amount: $1,820
Utilities Details
Cooling Type: None
Heating Type: Baseboard
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: $500
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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