$413,000
●
Condo -
Off Market
7 Lanark Rd #5
Brookline, MA 02445
2 Beds
1 Bath
792 Ft²
$730,067
RealtyHop Estimate
82.97%
Since Dec 1, 2014
MA-Boston
Primary Model
About This Property
Must see sunny, top floor unit in convenient location. Spacious two
bedroom condo with open floor plan includes living and dining area.
Hardwood floors throughout living area and bedrooms. Close to the
T, restaurants and shops. Additional storage in the basement as
well as basement laundry in the adjacent building. Potential
ability to add laundry in unit. Deeded parking #58
Unit Size
792 Ft²
Days on Market
-
Land Size
-
Price per sqft
$504
Property Type
Condo
Property Taxes
$325
HOA Dues
$507
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 years ago (MLSPIN #71736557)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 14, 2014 | Sold | ||
| Sold | |||
| Sep 2, 2014 | Listed by Compass | $399,000 | |
| Listed by Compass | |||
Property Highlights
Air Conditioning
Parking Available
Parking Details
Parking Features: Off Street, Assigned
Interior Details
Full Bathrooms: 1
Appliances: Range, Dishwasher, Disposal, Refrigerator, Freezer, Gas Water Heater, Plumbed For Ice Maker, Utility Connections for Electric Range
Flooring Type: Wood, Tile
Laundry Features: Common Area
Rooms: 5
Basement: Y
Exterior Details
Entry Level: 3
Security Features: Intercom
Year Built Source: Public Records
Year Built Details: Approximate
PropertySubType: Condominium
Structure Type: Low-Rise
Stories (Total): 1
Building Area Units: Square Feet
Construction Materials: Brick
Lead Paint: Unknown
Lot Size Units: Acres
Zoning: res
Parcel Number: B:108 L:0019 S:0064, 32668
Water Source: Public
Financial Details
Tax Assessed Value: $342,600
Tax Annual Amount: $3,902
Utilities Details
Utilities: for Electric Range, Icemaker Connection
Cooling Type: Window Unit(s)
Heating Type: Baseboard
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Heat, Water, Sewer, Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal
HOA/Condo/Coop Amenities: Hot Water, Laundry
HOA Fee: $507
Community Features: Public Transportation, Shopping, Tennis Court(s), Park, Highway Access, House of Worship, Public School, T-Station, University
Pets Allowed: Yes w/ Restrictions
Complex is Completed
Management: Professional - Off Site
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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