$173,000
●
Condo -
Off Market
89 May Street #3
Needham, MA 02492
1 Bed
1 Bath
595 Ft²
$381,660
RealtyHop Estimate
101.94%
Since Jan 1, 2004
MA-Boston
Primary Model
About This Property
LOCATION! WONDERFUL 1-BR,1-BATH,1ST FL UNIT IN HISTORIC MAYFLOWER
HOTEL,CONVERTED IN 1988 INTO 5 CONDOS.SUPER LAYOUT FINE COND.,GREAT
STORAGE,PARKING. NEIGHBORHOOD JUST AROUND CORNER FR.
SHOPS,CAFES,PARKS,LIB,TRAIN. RARE OPPORTUNITY.
Unit Size
595 Ft²
Days on Market
-
Land Size
-
Price per sqft
$318
Property Type
Condo
Property Taxes
$113
HOA Dues
$121
Year Built
2000
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Cap Rate Calculator
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 5 months ago (MLSPIN #30774242)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 31, 2021 | Sold | ||
| Sold | |||
| Apr 8, 2021 | Listed by William Raveis R.E. & Home Services | $349,000 | |
| Listed by William Raveis R.E. & Home Services | |||
| | |||
|
Mayflower Condominium first floor one bedroom and one bathroom condo. Rarely available! Home features white shaker cabinets, granite countertops and breakfast peninsula. Hardwood floors in living room and kitchen with wall to wall carpeting in the bedroom. There is laundry hookup in unit with linen storage. One Deeded parking space and guest space. There is also locked storage unit in the basement. Newer replacement Windows. Convenient location near train, restaurants, shopping, library etc. Make an appointment. Covid 19 protocols will be followed. Mask must be worn. Buyer's agent to do due diligence.
| |||
| Dec 3, 2003 | Sold | ||
| Sold | |||
| Sep 29, 2003 | Listed by Hammond Residential | $189,000 | |
| Listed by Hammond Residential | |||
| Jul 18, 1997 | Sold | ||
| Sold | |||
Property Highlights
Parking Available
Garage
Parking Details
Parking Features: Off Street, Assigned, Deeded
Interior Details
Full Bathrooms: 1
Appliances: Range, Dishwasher, Disposal, Refrigerator, Washer, Dryer
Flooring Type: Tile, Carpet
Door Features: Storm Door(s)
Laundry Features: Electric Dryer Hookup, First Floor
Rooms: 3
Basement: Y
Exterior Details
Has Property Attached
Square Footage: 595
Architectural Style: Other (See Remarks)
Year Built Source: Public Records
Year Built: 1900
Building Name: Mayflower Condominium
Building Area Total: 595
Building Area Units: Square Feet
Window Features: Insulated Windows
Construction Materials: Frame
Patio and Porch Features: Porch
Lot Size Units: Acres
Water Source: Public, City/Town Water, City/Town Sewer
Financial Details
Tax Assessed Value: $147,600
Tax Annual Amount: $1,359
Utilities Details
Cooling Type: None
Heating Type: Electric Baseboard
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal, Trash
HOA/Condo/Coop Amenities: Storage
HOA Fee: $121
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
09/21/2022
|
3 Bed
|
2 Bath
|
-
|
$719,000
3 Bed
2 Bath
|
-
-
|
Abode with Us Team
Compass
| |
|
09/17/2021
|
2 Bed
|
2 Bath
|
1245 ft²
|
$649,000
2 Bed
2 Bath
1245 ft²
|
$649,000
11/03/2021
|
Martha Schleck
William Raveis R.E. & Home Services
| |
|
04/08/2021
|
1 Bed
|
1 Bath
|
595 ft²
|
$349,000
1 Bed
1 Bath
595 ft²
|
$310,000
-11.17%
08/31/2021
|
Martha Schleck
William Raveis R.E. & Home Services
| |
|
09/11/2018
|
3 Bed
|
2 Bath
|
1428 ft²
|
$625,000
3 Bed
2 Bath
1428 ft²
|
$605,000
-3.20%
11/27/2018
|
Amy Ziskin
William Raveis R. E. & Home Services
| |
|
09/08/2018
|
3 Bed
|
3 Bath
|
1678 ft²
|
$549,000
3 Bed
3 Bath
1678 ft²
|
$520,000
-5.28%
12/04/2018
|
Sarah Smith
Prudential Prime Properties
| |
|
09/25/2013
|
3 Bed
|
2 Bath
|
1430 ft²
|
$499,900
3 Bed
2 Bath
1430 ft²
|
$485,000
-2.98%
12/16/2013
|
Donna Hennessey
Louise Condon Realty
| |
|
02/18/2005
|
3 Bed
|
2 Bath
|
1026 ft²
|
$429,000
3 Bed
2 Bath
1026 ft²
|
$410,000
-4.43%
05/24/2005
|
Maureen Steverman
William Raveis R.E. & Home Services
| |
|
09/29/2003
|
1 Bed
|
1 Bath
|
595 ft²
|
$189,000
1 Bed
1 Bath
595 ft²
|
$173,000
-8.47%
12/03/2003
|
Geddy McCarthy
Hammond Residential
| |
|
03/26/2002
|
3 Bed
|
3 Bath
|
2100 ft²
|
$399,000
3 Bed
3 Bath
2100 ft²
|
$395,000
-1.00%
08/16/2002
|
Louise Condon
Louise Condon Realty
| |
|
02/24/2001
|
3 Bed
|
3 Bath
|
1753 ft²
|
$359,000
3 Bed
3 Bath
1753 ft²
|
$342,000
-4.74%
06/14/2001
|
Louise Condon
Louise Condon Realty
|
Building Info
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017