87 Bancroft Avenue #87
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 |
|---|---|---|---|
| May 30, 2024 | Sold | ||
| Sold | |||
| Mar 19, 2024 | In contract | - | |
| In contract | |||
| Mar 13, 2024 | Listed by Classified Realty Group | $599,000 | |
| Listed by Classified Realty Group | |||
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Indulge in the essence of single-family living within the setting of this stylish townhome spanning over 1700 sqft with no condo fee. Conveniently located just steps from the library & downtown, find shops, restaurants, cafes & the train into Boston, creating the perfect blend between suburban living & city convenience. Sun-drenched interiors welcome you, creating an inviting atmosphere throughout. A quaint, private backyard with patio & farmer's porch provides the perfect retreat for outdoor enjoyment. Step inside to find charming turn-of-the-century details mixed with modern esthetics creating a vibe that is sure to impress. Both the kitchen & baths have been fully renovated, complete with butcher block counters, beautiful tile & crisp elements. Head upstairs to find 3 beds, laundry, HW floors & primary offering WIC. Enjoy the newly installed energy-efficient HVAC providing both heat & cooling & the incredible amount of basement storage. It’s all here! Welcome to your urban retreat.
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| Feb 19, 2021 | Sold | ||
| Sold | |||
| Dec 9, 2020 | Listed by Keller Williams Realty | $499,000 | |
| Listed by Keller Williams Realty | |||
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NO CONDO FEE! Single family style living at a condominium value. This sweet 6 room amazing condo has the look & feel of a single family home. The proximity to Reading center with all its shops & restaurants will be the lure for this house but the space & privacy will be what captures your heart. The oversized front porch welcomes you the moment you enter and is the perfect place to relax and enjoy the outdoors. The sun-splashed living room with its wide plank floors provides a cozy, warm place to curl up with a good book or watch TV. The modern kitchen with plenty of cabinets, newer flooring and large pantry opens into the spacious dining room with charming built-ins and is perfect for dinners with family & friends. The second level is adorned with hardwood floors and boasts 3 dreamy bedrooms with great sized closets. An updated full bath, large private yard and patio and exclusive driveway are all features that make this home the best deal in Reading.
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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 |
|---|---|---|---|---|---|---|---|
|
03/13/2024
|
Loft
|
2 Bath
|
1743 ft²
|
$599,000
Loft
2 Bath
1743 ft²
|
$655,000
+9.35%
05/30/2024
|
Ngan Vien
eXp Realty
| |
|
12/09/2020
|
3 Bed
|
2 Bath
|
1743 ft²
|
$499,000
3 Bed
2 Bath
1743 ft²
|
$480,000
-3.81%
02/19/2021
|
CANEI Group
Keller Williams Realty
| |
|
04/01/2009
|
Loft
|
2 Bath
|
1743 ft²
|
$285,000
Loft
2 Bath
1743 ft²
|
$273,000
-4.21%
08/31/2009
|
Joyce Kiley
Boardwalk Real Estate
| |
|
09/19/2005
|
Loft
|
2 Bath
|
1261 ft²
|
$299,900
Loft
2 Bath
1261 ft²
|
$290,000
-3.30%
11/23/2005
|
Joyce Kiley
Boardwalk Real Estate
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017