70 Silk St
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 |
|---|---|---|---|
| Apr 30, 2024 | Sold | ||
| Sold | |||
| Apr 10, 2024 | In contract | - | |
| In contract | |||
| Apr 3, 2024 | Listed by Keller Williams Realty Boston Northwest | $525,000 | |
| Listed by Keller Williams Realty Boston Northwest | |||
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East Arlington Single Family with off-street parking and private outdoor space! This charming 2 bedroom, 1 bathroom home is an excellent condo alternative without the association fees! Private yard with perennials offer superb curb appeal with potential for additional gardens. As you enter 70 Silk Street, you're met with a functional mudroom and coat closet followed by a warm living room, bright eat-in-kitchen and private deck off of the kitchen. Both bedrooms are located on the second floor. Hardwood floors in all rooms except kitchen and bathroom. Storage room (10x11) and garage space are both accessible from the basement. New roof and gutters installed in 2020. Exceptionally convenient location; 1 mile to Davis Square, Alewife Station and Arlington Center. Bus #87 picks up at the end of Silk Street. Near Whole Foods, Stop & Shop, Thompson Elementary School, Spy Pond Park and Magnolia Park. Ready for you to move in!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017