7A Middlesex St. #7A
About This Property
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Cap Rate Calculator
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 |
|---|---|---|---|
| Nov 4, 2020 | Sold | ||
| Sold | |||
| Jul 23, 2020 | Listed by Coldwell Banker Realty - Lynnfield | $679,900 | |
| Listed by Coldwell Banker Realty - Lynnfield | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
07/23/2020
|
Loft
|
3 Bath
|
2276 ft²
|
$679,900
Loft
3 Bath
2276 ft²
|
$680,000
+0.01%
11/04/2020
|
Karen Johnson
Coldwell Banker Residential Brokerage - Westford
| |
|
06/24/2020
|
Loft
|
3 Bath
|
2276 ft²
|
$659,900
Loft
3 Bath
2276 ft²
|
$693,000
+5.02%
11/16/2020
|
Linda Ferris
Berkshire Hathaway HomeServices Commonwealth Real Estate
| |
|
08/02/2018
| |
2 Bed
|
1 Bath
|
840 ft²
|
$349,000
2 Bed
1 Bath
840 ft²
|
$380,000
+8.88%
09/28/2018
|
Laura Sheedy
Homeowners Assistance Program, LLC
|
|
06/14/2001
| |
2 Bed
|
1 Bath
|
840 ft²
|
$219,900
2 Bed
1 Bath
840 ft²
|
$219,900
09/26/2001
|
Sophie D Apice
Keller Williams Realty Evolution
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017