7
Map
88 Mechanic St
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 |
|---|---|---|---|
| Jun 11, 2025 | Sold | ||
| Sold | |||
| May 7, 2025 | In contract | - | |
| In contract | |||
| Apr 23, 2025 | Listed | $599,000 | |
| Listed | |||
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Charming Fully Updated Home with Finished Basement & Modern Upgrades, this beautifully renovated 2-bedroom, 2-bath home that perfectly blends classic charm with modern updates. From top to bottom, this property has been thoughtfully upgraded for comfort, efficiency, and style. Step into the heart of the home—a stunning new kitchen featuring a warm combination of oak and crisp white cabinetry, sleek countertops, and a full suite of brand-new stainless steel appliances. The home features completely updated tile bathrooms, offering a clean, contemporary look with quality finishes. Additional highlights include: Detached 2-car garage, Updated plumbing and electrical systems, updated HVAC with efficient heat pumps and central air conditioning for year-round comfort. Brand new septic. Close to Foxboro schools! Schedule a showing today. Grass has been planted, edited in some photos*
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| Nov 22, 2024 | Sold | ||
| Sold | |||
| Oct 4, 2024 | In contract | - | |
| In contract | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017