9 Danforth Ln #LOT65
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, 2006 | Sold | ||
| Sold | |||
| Mar 20, 2006 | Listed by Thorndike Development | $543,000 | |
| Listed by Thorndike Development | |||
| | |||
|
$20,000.00 IN FREE UPGRADES FOR LIMITED TIME! THORNDIKE DEVELOPMENT INTRODUCES LUXURIOUS DETACHED TOWNHOME'S IN THEIR NEW ACTIVE ADULT COMMUNITY: RED MILL VILLAGE!! 2300-2600 SQ FT OF OPEN SPACE WONDERFUL FOR ENTERTAINING. THIS IS THE EXPANDED DUXBURY WITH A 2 CAR ATTACHED GARAGE. SPECTACULAR VOLUME CEILINGS. LUXURIOUS FIRST FLOOR MASTER SUITE'S. BUILT ON APPROX. 53 ACRES. SOUTH OF EASTON AND MANSFIELD TOWN LINES. MAINTENANCE FREE LIVING
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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 |
|---|---|---|---|---|---|---|---|
|
03/20/2006
|
3 Bed
|
3 Bath
|
2437 ft²
|
$543,000
3 Bed
3 Bath
2437 ft²
|
$601,290
+10.73%
12/06/2006
|
Meg Foster
Thorndike Development
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017