7-2 Oak Ridge Drive #2
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 |
|---|---|---|---|
| Sep 28, 2018 | Sold | ||
| Sold | |||
| Aug 21, 2018 | Listed by Realty Executives Boston West | $295,000 | |
| Listed by Realty Executives Boston West | |||
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You'll love the private location of this 4-level townhouse at Oak Ridge. Updates include granite countertops and stainless steel appliances, hardwood flooring on the first-floor, and energy efficient Trane brand gas furnace and air-conditioning. The open concept living/dining room offers flexibility for everyday living and casual entertaining leads to a deck with wooded views. Upstairs are 2 spacious bedrooms with generous closets and a full bath w/double-sinks and a granite countertop. The finished third floor loft with a wood-burning fireplace and skylight is perfect for an office, playroom, or private getaway space. Finished walkout lower-level with tile flooring offers more living space. Easy Parking for 2. Washer and dryer included. Community pool. Easy commuter location; close to Route 117 and the Maynard Cultural District where your enjoy a variety of specialty shops, restaurants, movies, arts, and more! Everything for your comfort and convenience.
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| Sep 21, 2015 | Sold | ||
| Sold | |||
| Apr 21, 2015 | Listed by Realty Executives Boston West | $275,000 | |
| Listed by Realty Executives Boston West | |||
| | |||
|
BUYER UNABLE TO OBTAIN FINANCING, HIS LOSS IS YOUR OPPORTUNITY!The Builder's unit! Upgrades abound in this unit owned by the builder and lovingly maintained and upgraded even more by the current owners. 4 finished levels including a beautiful kitchen w/upgraded cabinets, appliances and Granite counters. The large living room with Laminate flooring offers easy access to the private rear deck. An upgraded half bath with ceramic tile and Granite on the first floor for your convenience. Spread out in your spacious Master with access to the main bath (also tiled with Granite counters). A second bedroom completes the living level. Looking for a getaway? the finished third floor loft/bedroom offers incredible privacy along with the added bonus of a fireplace for maximum relaxation. This one of a kind unit also offers a fully finished walk out basement. 2 parking spots right in front of the unit and a secluded location in the rear of the complex invite you to make this your new home!!
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| Feb 26, 2010 | Sold | ||
| Sold | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
08/21/2018
|
2 Bed
|
2 Bath
|
1930 ft²
|
$295,000
2 Bed
2 Bath
1930 ft²
|
$296,000
+0.34%
09/28/2018
|
Kevin Bilafer
Realty Executives Boston West
| |
|
04/21/2015
|
3 Bed
|
2 Bath
|
1930 ft²
|
$275,000
3 Bed
2 Bath
1930 ft²
|
$269,500
-2.00%
09/21/2015
|
Marilyn Messenger
Realty Executives Boston West
| |
|
01/04/2010
|
2 Bed
|
2 Bath
|
2000 ft²
|
$276,900
2 Bed
2 Bath
2000 ft²
|
$268,900
-2.89%
02/26/2010
|
Nancy Hayes
Countryside Realty
| |
|
06/21/2007
|
2 Bed
|
1 Bath
|
1525 ft²
|
$279,900
2 Bed
1 Bath
1525 ft²
|
$275,000
-1.75%
08/01/2007
|
Beverly Rubin
Coldwell Banker Residential Brokerage - Sudbury
| |
|
01/28/2007
|
2 Bed
|
2 Bath
|
1525 ft²
|
$310,000
2 Bed
2 Bath
1525 ft²
|
$305,000
-1.61%
04/16/2007
|
Marilyn Messenger
Realty Executives Boston West
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017