15 Newland Road
About This Property
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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 |
|---|---|---|---|
| Jul 24, 2025 | Sold | ||
| Sold | |||
| Jun 25, 2025 | In contract | - | |
| In contract | |||
| Jun 18, 2025 | Listed | $895,000 | |
| Listed | |||
| |||
|
Welcome to this sun-drenched 1920s colonial full of charm! Classic gumwood moldings grace the living and dining rooms, which flow into the kitchen and open to a spacious rear addition. With its private entrance, fireplace, and newer en-suite half bath with laundry, this versatile space can serve as a first-floor primary bedroom, office, or a comfortable guest suite. Upstairs offers three generously sized bedrooms, a recently updated full bath. Additional features include garage parking, two side-by-side driveway spaces, and a full basement with ample storage. Relax on the welcoming front porch or host summer gatherings on the deck overlooking the large, level backyard. Ideally located just a short stroll to the shops and restaurants of Arlington Heights, the Minuteman Bike Path, and Mass Ave buses to Harvard and Alewife. You’re also close to the sandy beach at the Arlington Reservoir, the skating rink, and Peirce School and playground, making this a wonderful place to call home.
| |||
| May 20, 2019 | Sold | ||
| Sold | |||
| Apr 11, 2019 | Listed by Bowes Real Estate Real Living | $639,000 | |
| Listed by Bowes Real Estate Real Living | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017