$925,000
●
House -
Off Market
2 May Road
Millis, MA 02054
4 Beds
2 Baths,
1
Half Bath
2,651 Ft²
$4,626
Est. Monthly
$83
HOA / Fees
About This Property
WELCOME TO EMERSON PLACE....the first homes available in this
beautiful new development of 43 Single Family homes nestled in the
picturesque setting of nature. Emerson Place welcomes you to
explore our brand-new community and see the unique possibilities
for your future home with spacious options that are ideal for your
needs, wants, and happiness. From cozy master and multiple
bedrooms to shared spaces where you can spread out and relax, our
homes are outfitted with all desirable features needed to genuinely
enjoy your new home. Set in a commuter friendly location,
close to all major routes and just miles away from the Norfolk
commuter rail. Millis offers an award-winning school system,
local restaurants and shopping, as well as close proximity to local
attractions such as Patriot Place, Legacy Place and Wrentham
Outlets. Make an appointment today to come see the different
options available. Visits to build site are by appointment
only.
Unit Size
2,651 Ft²
Days on Market
-
Land Size
0.35 acres
Price per sqft
$349
Property Type
House
Property Taxes
-
HOA Dues
$83
Year Built
-
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 4 months ago (MLSPIN #73195477)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 10, 2024 | Sold | ||
| Sold | |||
| Jan 23, 2024 | In contract | - | |
| In contract | |||
| Jan 22, 2024 | Listed by ERA Key Realty Services-Bay State Group | $925,000 | |
| Listed by ERA Key Realty Services-Bay State Group | |||
| | |||
|
WELCOME TO EMERSON PLACE….the first homes available in this beautiful new development of 43 Single Family homes nestled in the picturesque setting of nature. Emerson Place welcomes you to explore our brand-new community and see the unique possibilities for your future home with spacious options that are ideal for your needs, wants, and happiness. From cozy master and multiple bedrooms to shared spaces where you can spread out and relax, our homes are outfitted with all desirable features needed to genuinely enjoy your new home. Set in a commuter friendly location, close to all major routes and just miles away from the Norfolk commuter rail. Millis offers an award-winning school system, local restaurants and shopping, as well as close proximity to local attractions such as Patriot Place, Legacy Place and Wrentham Outlets. Make an appointment today to come see the different options available. Visits to build site are by appointment only.
| |||
| Jan 1, 2024 | No longer available | - | |
| No longer available | |||
| Jul 14, 2023 | Listed by ERA Key Realty Services-Bay State Group | $899,900 | |
| Listed by ERA Key Realty Services-Bay State Group | |||
| | |||
|
WELCOME TO EMERSON PLACE….the first homes available in this beautiful new development of 43 Single Family homes nestled in the picturesque setting of nature. Emerson Place welcomes you to explore our brand-new community and see the unique possibilities for your future home with spacious options that are ideal for your needs, wants, and happiness. From cozy master and multiple bedrooms to shared spaces where you can spread out and relax, our homes are outfitted with all desirable features needed to genuinely enjoy your new home. Set in a commuter friendly location, close to all major routes and just miles away from the Norfolk commuter rail. Millis offers an award-winning school system, local restaurants and shopping, as well as close proximity to local attractions such as Patriot Place, Legacy Place and Wrentham Outlets. Make an appointment today to come see the different options available. Visits to build site are by appointment only.
| |||
Property Highlights
Garage
Parking Available
Air Conditioning
Fireplace
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017