2 Emmeline Path #2
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 |
|---|---|---|---|
| Apr 12, 2024 | Sold | ||
| Sold | |||
| Feb 14, 2024 | In contract | - | |
| In contract | |||
| Jan 26, 2024 | Relisted | $1,695,000 | |
| Relisted | |||
| Jan 24, 2024 | In contract | - | |
| In contract | |||
| Sep 13, 2023 | Listed by Engel & Volkers Wellesley | $1,695,000 | |
| Listed by Engel & Volkers Wellesley | |||
| | |||
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Introducing 2 Emmeline Path, one of four beautiful, newly constructed, detached homes. Built by an accomplished and seasoned team, this property offers spacious living with an open concept design and stunning finishes throughout. Standout features include a chef's kitchen, dedicated home office, four bedrooms on the second floor, finished lower level, front porch, low maintenance deck, attached two car garage, and direct access to the rail trail from the development. Emmeline Path offers a rare opportunity for those seeking a modern and comfortable living space in one of Wayland's most desirable neighborhoods. Its convenient location offers nearby access to shopping and dining, as well as an easy commute to Boston. 1 year builders warranty. Use 105 Plain Road in GPS.
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Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
09/13/2023
|
4 Bed
|
3 Bath
|
3917 ft²
|
$1,695,000
4 Bed
3 Bath
3917 ft²
|
$1,540,000
-9.14%
04/12/2024
|
Peace Nguyen
Engel & Volkers Wellesley
| |
|
09/13/2023
| |
4 Bed
|
2.5 Bath
|
3917 ft²
|
$1,695,000
4 Bed
2.5 Bath
3917 ft²
|
-
-
|
Peace Nguyen
Engel & Volkers Wellesley
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017