23 Lake 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 |
|---|---|---|---|
| May 19, 2026 | Sold | ||
| Sold | |||
| Apr 6, 2026 | In contract | - | |
| In contract | |||
| Mar 26, 2026 | Price Decreased |
$770,000
↓ $19K
(2.4%) | |
| Price Decreased | |||
| Mar 18, 2026 | Listed by Coldwell Banker Realty - Wellesley | $789,000 | |
| Listed by Coldwell Banker Realty - Wellesley | |||
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Tucked away on a quiet side street close to downtown, this charming home was thoughtfully renovated in 2017 to meet the demands of modern living while preserving its timeless appeal. The updated kitchen features stainless steel appliances, contemporary finishes, a center island, and a breakfast bar with seating which seamlessly opens to the dining room, perfect for entertaining. A fully renovated full bath on the first-floor adds everyday convenience, while the second floor features three comfortable bedrooms and a spacious, full bath, modernized with high quality finishes providing a fresh, stylish feel. Outside, enjoy a level, fenced yard—perfect for pets, play, or relaxed outdoor living.This coveted in-town neighborhood offers unbeatable access to restaurants, the commuter rail, farmers market, bike and walking trails, and all that Natick has to offer. A perfect blend of modern updates, Old World charm, and location!
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| Nov 15, 2017 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017