7 Old Stone Lane #7
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 |
|---|---|---|---|
| Nov 29, 2019 | Sold | ||
| Sold | |||
| Mar 6, 2019 | Listed by Top Agent Plus | $502,000 | |
| Listed by Top Agent Plus | |||
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Welcome to The Lanterns at Warren Woods, one of Metro West’s only 55+ communities with 100% detached condominium homes all featuring 1st floor master bedrooms, front porches, rear patios and 2 car garages. Beautifully situated near the 475 acre Ashland Reservoir and 120-acre Warren Woods, and convenient to shopping, highways, and commuter rail service. This popular Village 1 "A" style home is to be built, with an anticipated completion date of Nov 2019. Photos and virtual tour are of the model home.
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Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
03/06/2019
|
2 Bed
|
2 Bath
|
1657 ft²
|
$502,000
2 Bed
2 Bath
1657 ft²
|
$552,759
+10.11%
11/29/2019
|
Judy Jennings
Top Agent Plus
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017