7 Shoemaker Lane #3
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 |
|---|---|---|---|
| Mar 21, 2024 | Sold | ||
| Sold | |||
| Dec 30, 2023 | Listed by Streamline Communities - Upton | $734,900 | |
| Listed by Streamline Communities - Upton | |||
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Introducing Cobblers Creek, a new 55+ community of detached condominiums from Black Brook Realty. This serene neighborhood is accessible to the Mass Pike in Westborough and Route 495 in Hopkinton. There are a collection of two-bedroom floorplans, including single-level and townhome styles. This Expanded Bluebird floorplan with front covered porch features open concept entertaining areas complete with kitchen offering an" eat at island", quartz counters and stainless steel appliances. Hardwood flooring located in the family room, kitchen, foyer, dining. The primary bedroom, which is always located on the first level of living and complete with en-suite, luxury bath with tiled shower and double vanity. An abundance of windows and slider to your private deck or patio lets you enjoy the tranquil surroundings. On the second level there is an additional bedroom, office and full bath.
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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 |
|---|---|---|---|---|---|---|---|
|
12/30/2023
|
2 Bed
|
3 Bath
|
2245 ft²
|
$734,900
2 Bed
3 Bath
2245 ft²
|
$758,442
+3.20%
03/21/2024
|
Annie Keller
Historic Homes, Inc.
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017