2 Newell Dr
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 |
|---|---|---|---|
| Jun 26, 2024 | Sold | ||
| Sold | |||
| May 15, 2024 | Listed by Berkshire Hathaway HomeServices Page Realty | $999,999 | |
| Listed by Berkshire Hathaway HomeServices Page Realty | |||
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This beautiful home is in a sought-after neighborhood! Step onto the spectacular farmer's porch, and you won't want to leave! You can go to the entrance into an inviting living room with a wood-burning fireplace and natural light streaming through a large bay window. The kitchen has quartz countertops, seating, and an eating area. Step into the sunlit family room surrounded by windows bringing in the natural light. The upper level has a spacious main bedroom, bath, and walk-in closet. There are three more good-sized bedrooms that share a full bath. The finished lower level can be a playroom with two built-in desks and filing cabinets for WFH space. Relax with a cold drink, dine, or read on the screened-in porch overlooking a gorgeous backyard, several garden areas, and a lovely shed adorned by window boxes. A patio provides more entertainment space for a grill and fire pit. Great location; sidewalks take you a short distance to downtown Medfield! Make lifetime memories at 2 Newell!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017