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$299,900
● Condo - Off Market

U310 Millbrook #310

Wakefield, MA
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1,003 Ft²
$701,810
RealtyHop Estimate
142.09%
Since Feb 1, 2003
National-US
Primary Model

About This Property

BEAUTIFUL NEW CONSTRUCT.AT 'MILLBROOK ESTATES"2 BEDROOM 2BTH UNIT FEATURES INCL. MAPLE KITCHEN W/GRANITE COUNTERTOP C/AIR BALCONY.INCLUDES ALL APPLIANCES INCLUDING WASHER/DRYER 2 DEEDED PARKING,ELEVATOR,NO PETS,FEE APPROX.$200
Unit Size
1,003 Ft²
Days on Market
-
Land Size
-
Price per sqft
$289
Property Type
Condo
Property Taxes
$833
HOA Dues
$200
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.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 5 years ago (MLSPIN #30646044)

Price History

Date / Event Date Event Price
Jan 3, 2003 Sold
Premium
Sold
Sep 12, 2002 Listed by Boardwalk Real Estate $289,900
Listed by Boardwalk Real Estate

Property Highlights

Air Conditioning
Interior Details
Level: Second
Width: 8
Length: 8
Area: 64
Level: Second
Features: Bathroom - Full
Level: Second
Width: 11
Length: 11
Area: 121
Features: Bathroom - Full
Level: Second
Length: 20
Level: Second
Area: 280
Width: 14
Level: Second
Length: 17
Width: 13
Area: 221
Level: Second
Features: Yes
Full Bathrooms: 2
Appliances: Range, Dishwasher, Disposal, Refrigerator, Washer, Dryer, Electric Water Heater, Tank Water Heater, Utility Connections for Electric Range, Utility Connections for Electric Oven
Laundry Features: Second Floor, Washer Hookup
Rooms: 5
Basement: N
Parking Details
Parking Features: Deeded
Exterior Details
Entry Level: 3
Year Built Source: Builder
Year Built Details: Under Construction
PropertySubType: Condominium
Building Name: Millbrook Estates
Structure Type: Garden
Stories (Total): 1
Building Area Units: Square Feet
Construction Materials: Frame, Brick
Lead Paint: None
Lot Size Units: Acres
Zoning: RES
Water Source: Public, City/Town Water, City/Town Sewer
Financial Details
Tax Annual Amount: $9,999
Utilities Details
Utilities: for Electric Range, for Electric Oven, Washer Hookup
Cooling Type: Central Air
Heating Type: Central, Natural Gas
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Water, Sewer, Insurance
HOA Fee: $200
Pets Allowed: No
Management: Other (See Remarks)

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

Past Sales

Date Unit Beds Baths Sqft Price Closed Listed By

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Last Updated: 5 years ago
Data Source: MLS PIN, MLS# 30646044
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