23 Massasoit Ave
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 2, 2026 | Sold | ||
| Sold | |||
| Nov 27, 2025 | In contract | - | |
| In contract | |||
| Sep 12, 2025 | Listed by Coldwell Banker Realty - Needham | $1,725,000 | |
| Listed by Coldwell Banker Realty - Needham | |||
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Looking for a unique home with character and move-in ready? This former schoolhouse is serene and private and is much larger than it appears from the street. What a surprise stepping into the center hall to 11 foot high ceilings and 8 foot high windows. Abundant sunshine pours into oversized living areas. Cherry kitchen with brand new Wolf gas stove opens to gas fireplaced family room as the hub of the home as well as a large private sunroom with radiant heated floors to enjoy morning coffee or tea. A back hall and mudroom connect the two car garage with large unfinished area and stairs to lower level. HUGE IN LAW with 2 bedrooms offers 1700 sf for a variety of uses-separate entrances to large fireplaced living space, kitchenette, 2 bedrooms and full bath. Four bedrooms, two full baths and laundry round out the second floor of this spacious home. Beacon hill patio out back and fenced in area for pets or gardening in the side yard. Enjoy the holidays with New England flair.
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| Aug 15, 2025 | No longer available | - | |
| No longer available | |||
| Jun 19, 2025 | Price Decreased |
$1,799,000
↓ $128K
(6.6%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017