77 Drummer Rd #77
About This Property
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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%.
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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 |
|---|---|---|---|
| Jan 20, 2022 | Sold | ||
| Sold | |||
| Nov 29, 2021 | Listed by Keller Williams Realty North Central | $380,000 | |
| Listed by Keller Williams Realty North Central | |||
| Jun 27, 2016 | Sold | ||
| Sold | |||
| May 4, 2016 | Listed by eXp Realty | $284,900 | |
| Listed by eXp Realty | |||
| | |||
|
Drummer Farms Condominium, a 21 acre colonial village with 10 acres of landscaped lawn and wooded area, is close to the West Concord train station, shops, restaurants major routes and trails...an ideal location! An inviting front porch overlooks a wonderful, large common open area with big shade trees and is a short walk to the community pool for summertime fun. The spacious living room flows into the dining room with slider to deck and wooded backyard. Kitchen is open and totally updated w granite counter tops and SS appliances. Upstairs has 2 good sized bedrooms with new carpeting. Master is huge with double closets. Other updates include: Brazilian cherry hdwd on 1st flr, new carpeting upstairs, windows, first flr bath and finished bsmnt. Acton schools has Award Winning Schools. Complex is well managed and has strong owner occupancy.
| |||
| Jul 26, 2012 | Sold | ||
| Sold | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
11/29/2021
|
2 Bed
|
2 Bath
|
1588 ft²
|
$380,000
2 Bed
2 Bath
1588 ft²
|
$410,500
+8.03%
01/20/2022
|
Nicole Magun
Keller Williams Realty Boston Northwest
| |
|
05/04/2016
|
2 Bed
|
2 Bath
|
1606 ft²
|
$284,900
2 Bed
2 Bath
1606 ft²
|
$300,000
+5.30%
06/27/2016
|
Sharon Edvy
Keller Williams Realty
| |
|
05/31/2012
|
2 Bed
|
2 Bath
|
1207 ft²
|
$185,000
2 Bed
2 Bath
1207 ft²
|
$177,500
-4.05%
07/26/2012
|
Susan Crasnick
Sotheby's International Realty
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017