161 Playstead 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 |
|---|---|---|---|
| Aug 15, 2025 | Sold | ||
| Sold | |||
| Jul 4, 2025 | In contract | - | |
| In contract | |||
| Jun 18, 2025 | Listed | $975,000 | |
| Listed | |||
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West Medford gem! From the landscaped corner lot to its move-in ready interior, this home checks all the boxes! Notable features include lovely wood flooring, period details, renovated kitchen and baths, and a charming fenced yard with patio and gorgeous plantings. The main floor has a flowing layout with living room, dining, kitchen, powder room and a bonus sunroom. Upstairs are two large bedrooms and one smaller bedroom/home office plus full bath. Full basement has laundry and plenty of storage. Detached garage and driveway off Dianne Road. Superb neighborhood setting just a stone's throw from Playstead Park, with Brooks Elementary, Medford High School, West Medford Square and the Commuter Rail all under a mile from home. The Fells and Mystic Lakes offer great opportunities for recreation, and between Medford itself and nearby Arlington, Cambridge, and Somerville, you'll never run out of great restaurant, cafe and entertainment options.
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| Aug 22, 2022 | Sold | ||
| Sold | |||
| Jun 27, 2022 | Listed by Berkshire Hathaway HomeServices Page Realty | $839,900 | |
| Listed by Berkshire Hathaway HomeServices Page Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017