9 7th St
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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 |
|---|---|---|---|
| Jan 30, 2024 | Sold | ||
| Sold | |||
| Jan 8, 2024 | In contract | - | |
| In contract | |||
| Dec 30, 2023 | Listed by JR Associates | $925,000 | |
| Listed by JR Associates | |||
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Sunday 1/7 Open House canceled due to storm - - East Cambridge Single Family! This 2-bed 1-bath attached row house is a nearly turnkey asset great for a first-time home buyer or an investor looking for a long-term buy and hold rental property in the heart of East Cambridge. Just minutes from the new Lechmere greenline MBTA station and across the street from Gold Star Mother's Park and Twin City Plaza featuring a Star Market and Walgreens. With an approx. 1,100 sf layout across two floors, this home features a living room, kitchen and a bonus office/study on the first floor. The second floor features a full bath, primary bedroom and guest bedroom. Basement is great for storage, has washer/dryer hookups and door/bulkhead for rear yard access. Small rear porch and enclosed yard is accessible through the bonus office/study off the kitchen. New kitchen appliances, gas burner, and rubber roof (2013) No showings until January 2nd. Weekend OH scheduled for January 6th and 7th.
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| Aug 7, 2023 | Temporarily off market | - | |
| Temporarily off market | |||
| Mar 24, 2023 | In contract | - | |
| In contract | |||
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About East Cambridge
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017