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83 Third 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%.
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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 |
|---|---|---|---|
| Sep 29, 2009 | Sold | ||
| Sold | |||
| Aug 17, 2009 | Listed by RE/MAX Destiny | $299,000 | |
| Listed by RE/MAX Destiny | |||
| | |||
|
Sunny, renovated condo on the 2nd floor of a historic brick rowhouse with period detail within a short distance to Lechmere, The Charles River, Galleria Mall and Kendall Sq. Details include a fully renovated galley kitchen with granite counters, oak cabinets, S/S appliances and a breakfast bar along with original oak floors, central ac/ht, high ceilings, in-unit washer and excellent closet space. Great character, quality and location! Fee includes hot water and assoc. is 100% owner occupied!
| |||
| Jul 3, 2001 | Sold | ||
| Sold | |||
| Mar 30, 2001 | Listed | $228,000 | |
| Listed | |||
| | |||
|
ELEGANT CORNER CONDO JUST A SHORT WALK TO KENDALL SQUARE. THOROUGHLY RENOVATED. PLEASING LAYOUT. MODERN KITCHEN AND BATH. WOODSTOVE WITH PERIOD MANTELPIECE. CENTRAL AIR.
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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 |
|---|---|---|---|---|---|---|---|
|
02/19/2014
|
1 Bed
|
1 Bath
|
611 ft²
|
$369,000
1 Bed
1 Bath
611 ft²
|
$415,500
+12.60%
03/24/2014
|
Zachary Christman
Hammond Residential Real Estate
| |
|
08/17/2009
|
1 Bed
|
1 Bath
|
586 ft²
|
$299,000
1 Bed
1 Bath
586 ft²
|
$298,000
-0.33%
09/29/2009
|
Sandrine Deschaux
RE/MAX Destiny
| |
|
03/09/2007
|
2 Bed
|
2 Bath
|
1184 ft²
|
$527,000
2 Bed
2 Bath
1184 ft²
|
$521,000
-1.14%
05/17/2007
|
John Petrowsky
Hammond Real Estate
| |
|
05/04/2001
|
2 Bed
|
2 Bath
|
1184 ft²
|
$397,500
2 Bed
2 Bath
1184 ft²
|
$408,000
+2.64%
06/28/2001
|
Holly Almgren
Coldwell Banker Realty - Cambridge
| |
|
04/20/2001
|
1 Bed
|
1 Bath
|
586 ft²
|
$228,000
1 Bed
1 Bath
586 ft²
|
$228,000
06/19/2001
|
John Petrowsky
| |
|
03/30/2001
|
1 Bed
|
1 Bath
|
586 ft²
|
$228,000
1 Bed
1 Bath
586 ft²
|
$228,000
07/03/2001
|
John Petrowsky
Hammond Real Estate
|
Building Info
About East Cambridge
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017