118 Edward Road
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 |
|---|---|---|---|
| May 10, 2024 | Sold | ||
| Sold | |||
| Apr 10, 2024 | In contract | - | |
| In contract | |||
| Apr 4, 2024 | Listed by Coldwell Banker Realty - Belmont | $700,000 | |
| Listed by Coldwell Banker Realty - Belmont | |||
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Great opportunity to get into Watertown. Quaint Cape in desirable west Watertown neighborhood. House will need some updating but this is your opportunity to make it your own with your style and decorating ideas. Just minutes to Watertown Square, Arsenal Yard, Newton Corner and Waltham Center. Conveniently located to supermarkets & shops, with close proximity to MBTA buses, commuter rail, the Mass Turnpike and Routes 2 & 128, while still being able to enjoy the outdoors with the nearby Gore Estate and Charles River recreation are.
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Address: 335 Madison Avenue, New York, NY 10017