17 Bemis Road
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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%.
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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.
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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 |
|---|---|---|---|
| Nov 8, 2019 | Sold | ||
| Sold | |||
| Sep 1, 2019 | Listed by William Raveis R.E. & Home Services | $699,000 | |
| Listed by William Raveis R.E. & Home Services | |||
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Super great location on a side street in the Nonantum/West Newton area off Cailfornia Street. This 3 bedroom cape is built on a double lot on a quiet street that leads to the woods alongside the Charles River. The walking / bike trail runs along the river below. The house has a large fireplaced living room and it boasts a second fireplace in the basement. The basement has a built-in bar and sitting area to go with the fireplace. The kitchen may need to be updated but next to it is a beautiful and unique office/den area which can stay as an office or be converted to expand the kitchen. The detached garage has a screened porch which faces the back of the house and the driveway is long enough for 3 or 4 cars not including the garage.The side lot is currently being used as a garden and has a lot of potential for many other uses. Open Houses on Saturday from 12:00-2:00P.M. and Sunday, September 8th from 11:00A.M. to 3:00P.M. with offers due by midnight on Monday, September 9th.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017