342 Lot 1 Cartwright Rd
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%.
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 |
|---|---|---|---|
| Oct 18, 2016 | Sold | ||
| Sold | |||
| Feb 7, 2013 | Sold | ||
| Sold | |||
| Apr 24, 2012 | Listed by Prudential Town and Country | $899,000 | |
| Listed by Prudential Town and Country | |||
| May 27, 2009 | Listed | $995,000 | |
| Listed | |||
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Have you ever thought of building your own dream house,on 1.76 acres close to Wellesley Center? Well thought out architectural drawings,septic design and conservation approval are included for a 9000+sqft house placed beautifully on a pristine private lot.Use your own builder or we can put you in touch with several well known high end builders.All documents and plans are available for review.Feel like you live in Vermont but enjoy an easy commute to Boston via train or major routes.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017