120 Locust 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 |
|---|---|---|---|
| Sep 4, 2018 | Sold | ||
| Sold | |||
| Aug 23, 2018 | No longer available | - | |
| No longer available | |||
| Jun 15, 2018 | Price Decreased |
$1,319,000
↓ $80K
(5.7%) | |
| Price Decreased | |||
| Jun 12, 2018 | Price Increased |
$1,399,000
↑ $80K
(6.1%) | |
| Price Increased | |||
| Jun 8, 2018 | Listed | $1,319,000 | |
| Listed | |||
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NEW Price on 2018 renovation of spacious contemporary home on 1.28 acres, cul-de-sac street next to conservation and miles of trails, kayak and fish on Sabrina Lake. Dazzling New kitchen with quartz counters, oversized island, custom cabinets, sunroom to deck for terrific outside entertaining. Living Room with fireplace. Open and flexible layout works nicely for formal and informal entertaining. Master bedroom with sparkling new bath, frameless shower door, double vanity with quartz top. 3 bedrooms share new bath off hall with tub and double vanity. Bonus room to use as a 5th bedroom, home office, au-pair, or in-law with full bath and laundry nearby. Mudroom with custom built-ins. Large family room with fireplace, french doors to new patio. Spacious finished lower level, perfect for playroom or game room. Live like you're on vacation in this peaceful setting, while enjoying the convenience of being minutes to Needham and Wellesley Centers. The manager has listed the unit size as 3670 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017