24 Aldridge Road
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 |
|---|---|---|---|
| Feb 28, 2025 | Sold | ||
| Sold | |||
| Jan 14, 2025 | In contract | - | |
| In contract | |||
| Jan 8, 2025 | Listed by eXp Realty | $1,750,000 | |
| Listed by eXp Realty | |||
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This is a rare find! The opportunity to build your dream house on an one acre lot in one of Needham's most sought-after neighborhoods. An ideal cul-de-sac street off of Richardson Drive. An excellent location! Enjoy the privacy of an acre lot and the convenience of Town and schools just minutes away. The property is being sold in "As Is" condition. Please do not walk the property without contacting the listing agent. Offers are due by 1:00 pm Monday, January 13th.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017