12 Joseph Reed Lane
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 21, 2026 | Sold | ||
| Sold | |||
| Apr 11, 2026 | In contract | - | |
| In contract | |||
| Mar 31, 2026 | Listed by Phoenix Real Estate | $1,275,000 | |
| Listed by Phoenix Real Estate | |||
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Welcome to this newly updated Colonial in the highly sought-after Minuteman Ridge neighborhood, enjoy neighborhood pool and a location within walking distance to AB schools, West Acton Village, shops, trails. The open layout showcases a remodeled kitchen with induction cooktop, quartz countertop, large center island, high-end stainless-steel appliances and beverage station with wine cooler, a formal dining room, and a front to back family room with picture window and fireplace with woodstove insert, perfect for everyday living and entertaining. A front to back living room with second fireplace and a four-season sunroom complete the main level. Upstairs offers four bedrooms including a bright primary suite, updated baths, and a cedar closet. Finished lower level with built-ins offers space for a playroom, office, or gym. Other features include double-pane windows, Central A/C, upgraded 200amp electrical panel with generator interlock, landscaped lot with a deck for outdoor enjoyment.
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| May 14, 2004 | Sold | ||
| Sold | |||
| Oct 4, 2003 | Listed by Coldwell Banker Residential Brokerage - Acton | $599,900 | |
| Listed by Coldwell Banker Residential Brokerage - Acton | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017