245 Highland Avenue
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 |
|---|---|---|---|
| Sep 5, 2023 | Sold | ||
| Sold | |||
| Jul 16, 2023 | In contract | - | |
| In contract | |||
| Jul 5, 2023 | Listed by Gibson Sotheby's International Realty | $899,000 | |
| Listed by Gibson Sotheby's International Realty | |||
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Timeless 1920's Arts & Crafts Bungalow situated on a corner lot in the desirable Brackett neighborhood! This pristine home boasts all of today’s modern conveniences while preserving the distinctive period details that make it feel so special. From the moment you enter, you’ll fall in love with the original gumwood moldings, stunning colonnades w/bookcases & gorgeous hardwood floors throughout. Natural light beams thru the living room into the formal dining room w/wainscoting + built-in cabinet. The updated kitchen with newer SS appliances, soapstone countertops, solid cherry cabinets make meal-prep easy. Upstairs are 3 beds + full bath.The finished basement w/ full bath and laundry offers flexibility for any lifestyle. A private, professionally designed perennial garden + patio is perfect for enjoying long summer days! Just beyond your doorstep are Robbins Farm/Skyline Park & Menotomy Rocks Park. Easy access to Rt.2, Alewife, I-95 and public transportation makes commuting a breeze.
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| Jun 14, 2023 | Withdrawn | - | |
| Withdrawn | |||
| Jun 8, 2023 | Listed by Gibson Sotheby's International Realty | $994,000 | |
| Listed by Gibson Sotheby's International Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017