216 Country Way
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 18, 2025 | Sold | ||
| Sold | |||
| May 13, 2025 | In contract | - | |
| In contract | |||
| Apr 23, 2025 | Listed | $1,790,000 | |
| Listed | |||
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Perched atop an elevated yet secluded lot in one of Needham’s most sought-after neighborhoods, this one-of-a-kind contemporary home offers the perfect blend of functionality & privacy! The open-concept main level is an entertainer’s dream – featuring an inviting kitchen w/ cherry cabinetry & S/S appliances, a sunlit dining room w/ custom banquette seating, & a spacious living room w/ a beamed ceiling & woodburning F/P. Accentuating the space is a multi-level deck & a screened porch offering picturesque spots for outdoor living & dining this summer! A dedicated study & 4 generously sized bedrooms, including a primary suite w/ double closets & an oversized shower, complete the main level. Direct outdoor access from lower level offers a family room w/ a 2nd woodburning F/P, a kitchenette, & an updated full bath – an ideal setup for multi-generational living or an in-law suite. A finished laundry/utility room, a 2 car garage, a lush yard, & updated systems w/ cent A/C complete this home!
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| Nov 30, 2021 | Sold | ||
| Sold | |||
| Sep 29, 2021 | Listed by Louise Condon Realty | $1,550,000 | |
| Listed by Louise Condon Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017