21 Eliot Street
About This Property
Listed By
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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 10, 2026 | Listed by Cushman & Wakefield | $7,200,000 | |
| Listed by Cushman & Wakefield | |||
| Jan 25, 2026 | Temporarily off market | - | |
| Temporarily off market | |||
| Aug 30, 2024 | Price Decreased |
$7,200,000
↓ $550K
(7.1%) | |
| Price Decreased | |||
| May 1, 2024 | Listed by Rutledge Properties | $7,750,000 | |
| Listed by Rutledge Properties | |||
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21 Eliot Street presents a unique investment opportunity in the heart of South Natick Center. Spanning 3 acres of beautifully maintained and natural grounds, this large and level property is zoned for both commercial and residential use. Currently hosting four well-preserved buildings featuring a mix of office and retail spaces, it combines functionality with charm. Its excellent condition and versatile zoning make it an ideal opportunity for various uses including residential or mixed use development. A rare find in a sought-after area, this property is a valuable asset for any investor. Buyer to do own due diligence.
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| Apr 2, 1992 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017