18 Massasoit
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 12, 2025 | Sold | ||
| Sold | |||
| Jun 29, 2025 | In contract | - | |
| In contract | |||
| Jun 19, 2025 | Listed | $939,900 | |
| Listed | |||
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ACCEPTED OFFER - SUNDAY OPEN HOUSE CANCELLED!!! Welcome to this beautifully crafted 2022 Colonial just steps from Forge Pond! Located in a sought-after neighborhood with access to two private beaches and a community boat launch, this 3-bed, 2.5-bath home offers the perfect blend of style and functionality. The kitchen features soft-close cabinets, granite countertops, and stainless-steel appliances, and flows seamlessly into the dining and living rooms, where hardwood floors, large windows, and abundant natural light create a warm, inviting atmosphere. Outside, the granite steps lead to not one, but two inviting patios—perfect for relaxing or entertaining. Upstairs, enjoy a spacious primary suite with a walk-in closet and luxurious bath, two more bedrooms, a home office, full bath, and laundry. A finished lower level adds flexible living space, and a walk-up attic offers future expansion potential. Optional lake association offers additional benefits, see doc. attached.
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| Sep 8, 2022 | Sold | ||
| Sold | |||
| Jul 11, 2022 | Listed by J. Borstell Real Estate, Inc. | $779,000 | |
| Listed by J. Borstell Real Estate, Inc. | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017