12 Lester Terrace
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 |
|---|---|---|---|
| Aug 6, 2025 | Sold | ||
| Sold | |||
| Jun 15, 2025 | In contract | - | |
| In contract | |||
| May 22, 2025 | Listed | $1,999,000 | |
| Listed | |||
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BEST AND FINAL OFFERS DUE MONDAY12pm. Charming 4-bed, 2.5-bath single-family home on a quiet dead end street just steps from vibrant Davis Square! The first floor features a bright, open-concept kitchen and living area with granite countertops, stainless steel appliances, and a convenient half bath—ideal for entertaining. Upstairs, the second floor offers three spacious bedrooms, including a primary bedroom with en-suite bath, plus a second full bath off the hallway. The third floor provides a versatile fourth bedroom, office space, and a rare quarter bath. Finished basement is perfect for entertaining, or with soundproof walls, can be used for any kind of recording or playing any music! Outside, enjoy a private backyard perfect for relaxing or gardening. Prime location close to Tufts, the Red Line, and Somerville's best shops and restaurants. Enjoy the convenience of driveway parking. Don't miss out on this is move in ready property with renovations done in 2020!
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| Sep 9, 2020 | Sold | ||
| Sold | |||
| Jul 11, 2018 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017