8 Concord Square #3
About This Property
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Cap Rate Calculator
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 |
|---|---|---|---|
| Jul 2, 2026 | Sold | ||
| Sold | |||
| Jun 2, 2026 | In contract | - | |
| In contract | |||
| May 22, 2026 | Listed by Greater Boston Property Services, LLC | $479,900 | |
| Listed by Greater Boston Property Services, LLC | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
05/22/2026
|
Studio
|
1 Bath
|
357 ft²
|
$479,900
Studio
1 Bath
357 ft²
|
$470,000
-2.06%
07/02/2026
|
Wally Berger
Greater Boston Property Services, LLC
| |
|
07/24/2025
|
2 Bed
|
2 Bath
|
1454 ft²
|
$1,695,000
2 Bed
2 Bath
1454 ft²
|
-
-
|
Ellie Cornish Chu
MGS Group Real Estate LTD
| |
|
03/28/2022
|
2 Bed
|
2 Bath
|
1454 ft²
|
$1,499,000
2 Bed
2 Bath
1454 ft²
|
$1,400,000
-6.60%
05/05/2022
|
Matthew Yanosy
Boston Realty Net
| |
|
08/16/2015
|
Studio
|
1 Bath
|
348 ft²
|
$334,900
Studio
1 Bath
348 ft²
|
$334,900
09/09/2015
|
Wally Berger
Greater Boston Property Services, LLC
| |
|
07/22/2014
|
Studio
|
1 Bath
|
310 ft²
|
$287,000
Studio
1 Bath
310 ft²
|
$275,000
-4.18%
09/15/2014
|
Wally Berger
Greater Boston Property Services, LLC
| |
|
01/28/2010
|
2 Bed
|
2 Bath
|
1454 ft²
|
$849,000
2 Bed
2 Bath
1454 ft²
|
$845,000
-0.47%
07/09/2010
|
Kevin Caulfield
Compass
| |
|
03/24/2007
|
2 Bed
|
2 Bath
|
1454 ft²
|
$879,000
2 Bed
2 Bath
1454 ft²
|
$869,000
-1.14%
09/25/2007
|
Barry Solar
Coldwell Banker Realty - Back Bay
| |
|
08/18/2004
|
3 Bed
|
1 Bath
|
1400 ft²
|
$499,000
3 Bed
1 Bath
1400 ft²
|
$530,000
+6.21%
11/10/2004
|
Jeanine Cort
Coldwell Banker Realty - Back Bay
| |
|
06/02/2004
|
1 Bed
|
1 Bath
|
310 ft²
|
$229,000
1 Bed
1 Bath
310 ft²
|
$225,000
-1.75%
08/10/2004
|
Lili Banani
Coldwell Banker Realty - Back Bay
| |
|
06/02/2004
|
1 Bed
|
1 Bath
|
330 ft²
|
$229,000
1 Bed
1 Bath
330 ft²
|
$232,000
+1.31%
08/12/2004
|
Lili Banani
Coldwell Banker Residential Brokerage-Boston-Commonwealth Avenue
|
Building Info
About South End
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017