7 Oak Ridge Dr #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 Andrew Mitchell & Company - Concord | $295,000 | |
| Listed by Andrew Mitchell & Company - Concord | |||
| | |||
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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 Berkshire Hathaway HomeServices N.E. Prime Properties | $275,000 | |
| Listed by Berkshire Hathaway HomeServices N.E. Prime Properties | |||
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
|
1 Bath
|
1930 ft²
|
$295,000
2 Bed
1 Bath
1930 ft²
|
$296,000
+0.34%
09/28/2018
|
Marilyn Messenger
Realty Executives Boston West
| |
|
04/21/2015
|
3 Bed
|
1 Bath
|
1930 ft²
|
$275,000
3 Bed
1 Bath
1930 ft²
|
$269,500
-2.00%
09/21/2015
|
William Glanton
Berkshire Hathaway HomeServices Commonwealth Real Estate
| |
|
01/28/2007
|
2 Bed
|
1 Bath
|
1525 ft²
|
$310,000
2 Bed
1 Bath
1525 ft²
|
$305,000
-1.61%
04/16/2007
|
Marilyn Messenger
Realty Executives Boston West
| |
|
03/29/2001
| |
3 Bed
|
3 Bath
|
2050 ft²
|
$249,900
3 Bed
3 Bath
2050 ft²
|
$250,000
+0.04%
05/18/2001
|
Mimi Dimauro
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017