9 Watson Ave. #2L
About This Property
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Cap Rate Calculator
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 |
|---|---|---|---|
| Feb 28, 2018 | Sold | ||
| Sold | |||
| Jan 1, 2018 | Listed by Keller Williams Realty Boston Northwest | $85,000 | |
| Listed by Keller Williams Realty Boston Northwest | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
01/01/2018
|
1 Bed
|
1 Bath
|
710 ft²
|
$85,000
1 Bed
1 Bath
710 ft²
|
$85,000
02/28/2018
|
Paul Coleman
Compass
| |
|
12/05/2017
|
1 Bed
|
1 Bath
|
540 ft²
|
$65,000
1 Bed
1 Bath
540 ft²
|
$63,500
-2.31%
02/28/2018
|
Paul Coleman
Compass
| |
|
01/04/2017
|
1 Bed
|
1 Bath
|
710 ft²
|
$90,000
1 Bed
1 Bath
710 ft²
|
$77,000
-14.44%
04/06/2018
|
Ricky Sampson
Sure Realty
| |
|
08/11/2015
|
2 Bed
|
1 Bath
|
1171 ft²
|
$59,900
2 Bed
1 Bath
1171 ft²
|
$60,500
+1.00%
10/29/2015
|
Pablo Santiago
PDS Real Estate
| |
|
01/25/2010
|
2 Bed
|
1 Bath
|
1015 ft²
|
$125,000
2 Bed
1 Bath
1015 ft²
|
-
-
|
Sue-Anne Bock
RE/MAX Vision
| |
|
08/21/2009
|
1 Bed
|
1 Bath
|
710 ft²
|
$99,900
1 Bed
1 Bath
710 ft²
|
-
-
|
Sue-Anne Bock
RE/MAX Vision
| |
|
05/04/2006
|
2 Bed
|
1 Bath
|
1015 ft²
|
$169,900
2 Bed
1 Bath
1015 ft²
|
$164,000
-3.47%
06/29/2006
|
Christine Najem
Cedar Wood Realty Group
| |
|
11/27/2005
|
1 Bed
|
1 Bath
|
830 ft²
|
$159,900
1 Bed
1 Bath
830 ft²
|
$159,900
01/20/2006
|
Christine Najem
Cedar Wood Realty Group
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017