25 Rockport Rd
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 |
|---|---|---|---|
| Oct 30, 2024 | Sold | ||
| Sold | |||
| Jun 27, 2024 | In contract | - | |
| In contract | |||
| Jun 18, 2024 | Listed by William Raveis R.E. & Home Services | $1,795,000 | |
| Listed by William Raveis R.E. & Home Services | |||
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OFFERS DUE by TUES June 26th. Fantastic redevelopment opportunity in Weston's sought-after neighborhood! Situated on a generous 1.38 acre (60,000 sqft) lot, 25 Rockport Rd features a 5-bed, 2 full/2 half bath home (Title 5 Passed for 5 Beds) with an existing inground pool (condition unknown). Surrounded by prestigious estate properties, this property is in a prime location on the Weston/Wellesley line, near major routes and multiple commuter rail locations. It offers immense potential for both new construction or renovation into a dream home or the creation of a bespoke estate. Buyer to perform all due diligence. Seller seeks an end-of-October closing.
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