Commuters Dream! Steps away from commuter rail service,
restaurants, shopping and more. Rare opportunity to own a second
floor one bedroom one bath Garden Style home in the Granite Knoll
Condominiums. Freshly painted, sun-filled, pristine and immaculate
home features an open floor plan with hardwood, laminate and tile
floors. Easy living and entertaining in the kitchen featuring
stainless steel appliances, plenty of cabinet/counter space,
island/breakfast nook and recessed lighting. Relax and enjoy
your guests in this beautiful home. In-unit laundry with additional
storage, elevator, low condo fees, deeded one car covered garage
parking, and 10x7x4 foot storage unit. Minutes away from downtown,
major routes and Lake Quannapowitt which has much to offer
including walking, jogging, in-line skating, playground, field,
boating, other activities and an awesome sunset. Showings start at
in-person Open Houses - Sat. 10/2 11-12:30 and Sun 10/3 1-2:30.
Unit Size
703 Ft²
Days on Market
-
Land Size
-
Price per sqft
$498
Property Type
Condo
Property Taxes
$329
HOA Dues
$227
Year Built
-
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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.
Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer, Gas Water Heater, Utility Connections for Electric Range, Utility Connections for Electric Oven, Utility Connections for Electric Dryer
Flooring Type: Tile, Laminate, Hardwood
Laundry Features: Flooring - Wall to Wall Carpet, Electric Dryer Hookup, Washer Hookup, Second Floor, In Unit
Rooms: 5
Basement: N
Parking Details
Has Garage
Attached Garage
Parking Features: Under, Deeded, Assigned, Off Street, Common, Guest, Paved
Garage Spaces: 1
Exterior Details
Entry Level: 2
Security Features: Intercom
Year Built Source: Public Records
Year Built Details: Actual
PropertySubType: Condominium
Building Name: Granite Knoll
Structure Type: Garden
Stories (Total): 1
Building Area Units: Square Feet
Construction Materials: Frame
Lead Paint: Unknown
Lot Size Units: Acres
Zoning: SR
Parcel Number: 820110
Water Source: Public
Financial Details
Tax Assessed Value: $310,500
Tax Annual Amount: $3,952
Utilities Details
Utilities: for Electric Range, for Electric Oven, for Electric Dryer, Washer Hookup
HOA/Condo/Coop Amenities: Hot Water, Elevator(s), Storage
Association Fee Frequency: Monthly
HOA Fee: $227
Community Features: Public Transportation, Shopping, Tennis Court(s), Park, Golf, Medical Facility, Laundromat, Highway Access, House of Worship, Public School
Pets Allowed: Yes w/ Restrictions
Complex is Completed
Management: Professional - Off Site
974 Main
#24,
Wakefield, MA,
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