85-87 Granite 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 |
|---|---|---|---|
| Dec 17, 2021 | Sold | ||
| Sold | |||
| Oct 29, 2021 | Listed by Century 21 XSELL REALTY | $169,900 | |
| Listed by Century 21 XSELL REALTY | |||
| | |||
|
Financing fell through! Get in while it’s hot! 1500 sq. ft. of open home. There is room to stretch way out in this three bedroom, one bath condo. The living room and dining room share a open concept with all the trimming and charm. Price to sell! There is a lot of storage, closets and a garage to sweeten the package. Easy to show!
| |||
| Feb 22, 2008 | Sold | ||
| Sold | |||
| Jan 16, 2008 | Sold | ||
| Sold | |||
| Oct 1, 2007 | Listed by Coldwell Banker Realty - Waltham | $124,900 | |
| Listed by Coldwell Banker Realty - Waltham | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
11/18/2021
|
3 Bed
|
1 Bath
|
1500 ft²
|
$205,000
3 Bed
1 Bath
1500 ft²
|
$195,000
-4.88%
01/06/2022
|
Rene Richardson
Coldwell Banker Realty - Sudbury
| |
|
10/29/2021
|
3 Bed
|
1 Bath
|
1500 ft²
|
$169,900
3 Bed
1 Bath
1500 ft²
|
$175,000
+3.00%
12/17/2021
|
Jammie Geddis
Century 21 XSELL REALTY
| |
|
08/11/2016
|
3 Bed
|
1 Bath
|
1500 ft²
|
$99,900
3 Bed
1 Bath
1500 ft²
|
$90,000
-9.91%
09/22/2016
|
Allen Greenman
ERA Key Realty Services - Worcester
| |
|
10/05/2013
|
3 Bed
|
2 Bath
|
1500 ft²
|
$84,900
3 Bed
2 Bath
1500 ft²
|
$70,000
-17.55%
10/02/2014
|
Luis Torres
The Council Real Estate Group
| |
|
07/16/2009
|
3 Bed
|
1 Bath
|
1100 ft²
|
$89,900
3 Bed
1 Bath
1100 ft²
|
$79,000
-12.12%
06/10/2010
|
Lisa Shaw
RE/MAX Executive Realty
| |
|
03/24/2008
|
3 Bed
|
1 Bath
|
1500 ft²
|
$72,000
3 Bed
1 Bath
1500 ft²
|
$49,350
-31.46%
11/19/2008
|
Joanne Generelli
RE/MAX Advantage 1
| |
|
10/01/2007
|
3 Bed
|
1 Bath
|
1500 ft²
|
$124,900
3 Bed
1 Bath
1500 ft²
|
$110,000
-11.93%
02/22/2008
|
Jason Bibeau
Premiere Realty Group
| |
|
08/03/2005
|
3 Bed
|
1 Bath
|
1500 ft²
|
$184,900
3 Bed
1 Bath
1500 ft²
|
$186,900
+1.08%
11/23/2005
|
Kyle Ritchie
Keller Williams Realty
| |
|
07/13/2005
|
3 Bed
|
1 Bath
|
1500 ft²
|
$184,900
3 Bed
1 Bath
1500 ft²
|
$176,000
-4.81%
07/14/2005
|
Kyle Ritchie
Keller Williams Realty
| |
|
04/08/2005
|
3 Bed
|
1 Bath
|
1300 ft²
|
$174,900
3 Bed
1 Bath
1300 ft²
|
$180,000
+2.92%
06/03/2005
|
Kyle Ritchie
Keller Williams Realty
| |
|
07/06/2004
| |
9 Bed
|
3 Bath
|
3753 ft²
|
$369,900
9 Bed
3 Bath
3753 ft²
|
$365,000
-1.32%
01/27/2005
|
Anthony Ruggieri
George Russell Realty, LLC
|
|
11/06/2002
| |
9 Bed
|
-
|
3753 ft²
|
$249,900
9 Bed
-
3753 ft²
|
$255,000
+2.04%
02/10/2003
|
Michael Olson
Homeowners Advantage R. E.
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017