855 Concord Avenue
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 |
|---|---|---|---|
| Dec 6, 2024 | Sold | ||
| Sold | |||
| Oct 24, 2024 | In contract | - | |
| In contract | |||
| Oct 2, 2024 | Listed by Coldwell Banker Realty - Lexington | $2,495,000 | |
| Listed by Coldwell Banker Realty - Lexington | |||
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First time on the market in over 50 years! Amazing property located on Belmont Hill adjacent to the Belmont Hill Club and Massachusetts Audubon Habitat Education Center and Wildlife Sanctuary. 855 Concord Ave offers space and privacy.The home, sited on a knoll, is a southwest facing custom built ranch style property from 1977. The house offers lots of fun colors, large spaces and walls of stone and glass. Glass sunroom off kitchen with stone floor. Large stone patio in courtyard of the home. Nature is all around you, inside and out! The lot has mature plantings including large trees and beloved rhododendrons. Come and imagine the possibilities here in beautiful Belmont.
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| May 5, 1972 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017