987 Main Street #REAR
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 |
|---|---|---|---|
| Aug 26, 2014 | Sold | ||
| Sold | |||
| Apr 23, 2014 | Listed by Coldwell Banker Realty - Hingham | $1,825,000 | |
| Listed by Coldwell Banker Realty - Hingham | |||
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Rare opportunity to buy New Construction on Hingham's Historic Main Street...Superb architectural details & many custom features including a spectacular gourmet kitchen with large butler's pantry, boasting high end stainless steel appliances, granite counters, under cabinet lighting and a magnificent island. Other features including a spacious entry hall, formal living & dining, magnificent family room with overlooking balcony, all the amenities of today....central air, sound system, plasma tv hook-ups, irrigation system, sec. system. Spacious master bedroom & bath with his and hers walk in closets. Over sized mudroom with home office. Two rear decks and magnificent red cedar roof. Room for a pool.
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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 |
|---|---|---|---|---|---|---|---|
|
04/23/2014
|
3 Bed
|
6 Bath
|
5500 ft²
|
$1,825,000
3 Bed
6 Bath
5500 ft²
|
$1,765,000
-3.29%
08/26/2014
|
Kerrin Rowley
Coldwell Banker Realty - Hingham
| |
|
04/13/2009
| |
3 Bed
|
2 Bath
|
2102 ft²
|
$559,000
3 Bed
2 Bath
2102 ft²
|
$490,000
-12.34%
09/10/2009
|
Kerrin Rowley
Coldwell Banker Realty - Hingham
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017