916 Great Plain Avenue #2
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%.
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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 1, 2014 | Sold | ||
| Sold | |||
| Jun 25, 2013 | Listed by CRG Commercial | $35 | |
| Listed by CRG Commercial | |||
| | |||
|
New Store front in the heart of desirable Needham Center. Join many other national and regional retail users and restaurants. Steps to Town Hall. May be combined with other units for a maximum of 4,911 SF. Triple net lease (estimates at$4.00 for taxes and $1. 00 Insurance PSF). Full basement.
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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 |
|---|---|---|---|---|---|---|---|
|
06/25/2013
|
Loft
|
-
|
-
|
$30
Loft
-
|
$31
+3.27%
02/18/2014
|
John Nachtwey
CRG Commercial
| |
|
06/25/2013
|
Loft
|
-
|
-
|
$31
Loft
-
|
$31
-0.06%
02/18/2014
|
John Nachtwey
CRG Commercial
| |
|
06/25/2013
|
Loft
|
-
|
-
|
$35
Loft
-
|
$31
-12.63%
01/01/2014
|
John Nachtwey
CRG Commercial
| |
|
06/25/2013
|
Loft
|
-
|
-
|
$31
Loft
-
|
$31
-1.35%
01/01/2014
|
John Nachtwey
CRG Commercial
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017