71 Appleton St #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 |
|---|---|---|---|
| Mar 5, 2021 | Sold | ||
| Sold | |||
| Oct 15, 2020 | Listed by Leading Edge Real Estate | $699,000 | |
| Listed by Leading Edge Real Estate | |||
| Jul 15, 2016 | Sold | ||
| Sold | |||
| May 19, 2016 | Listed by RE/MAX Leading Edge | $525,000 | |
| Listed by RE/MAX Leading Edge | |||
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A Find! Desirable Arlington Heights! Spacious two level Condo on 2nd and 3rd floor with lots of light. Features include large living room with bow window and beamed ceiling open to formal dining room with wainscoting, bay window and built in china cabinet, hardwood floors, eat in kitchen with granite counters, two bedrooms, office and 2011 tiled bath. Stairway to 3rd floor level that has two bedrooms, walk in closet and eave storage, good closet and storage space throughout. Well maintained unit. See list of improvements. Extra playroom on basement level is not included in the living area. Bonus deeded parking which includes 1 car garage plus 3 outside parking spaces. One pet per unit is allowed. Great location near Arlington Heights shopping area including Trader Joe's, near Minuteman Bikeway, and several bus routes to Harvard Square and Alewife Station.. Easy access to Route 2 and Alewife Station. Don't Miss This Opportunity!
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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 |
|---|---|---|---|---|---|---|---|
|
10/15/2020
|
4 Bed
|
1 Bath
|
1685 ft²
|
$699,000
4 Bed
1 Bath
1685 ft²
|
$675,000
-3.43%
03/05/2021
|
Stakem Team
Leading Edge Real Estate
| |
|
05/19/2016
|
4 Bed
|
1 Bath
|
1685 ft²
|
$525,000
4 Bed
1 Bath
1685 ft²
|
$525,000
07/15/2016
|
Susan Rudd
RE/MAX Leading Edge
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017