Lot D-2 Philip Street
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 |
|---|---|---|---|
| Jan 29, 2021 | Sold | ||
| Sold | |||
| Oct 28, 2020 | Listed by Coldwell Banker Realty - Needham | $1,250,000 | |
| Listed by Coldwell Banker Realty - Needham | |||
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Looking for privacy in a scenic, country setting close to downtown Medfield? Look no further! This gorgeous lot is located less than a mile from Medfield High and Middle schools. Build your dream home on this 6.44+/- lot! There is a potential for 5+ lot subdivision, and the concept design is in-hand. 110' +/- of frontage make this the ideal location for a high-end subdivision. The property is located next to and behind 56 Philip Street.
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| Apr 16, 1999 | Sold | ||
| Sold | |||
| Jan 8, 1999 | Listed | $559,900 | |
| Listed | |||
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GORGEOUS NEW CONT. COLONIAL ON BEAUTIFUL LOT IN CLOSE TO TOWN LOCATION. FABULOUS WELL EQUIPPED KITCHEN. WONDERFUL FAMILY RM. PLUS FIRST FLOOR LIBRARY. LOVELY DETAIL THROUGHOUT. 2 STORY FOYER. 4 GOOD BEDROOMS. INCL. C.A.C.
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