261 Massasoit 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 |
|---|---|---|---|
| Jul 22, 2024 | Sold | ||
| Sold | |||
| Jun 13, 2024 | Listed by Thrive Real Estate Specialists | $499,000 | |
| Listed by Thrive Real Estate Specialists | |||
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Nestled at the corner of Massasoit and Stoneham Road, this contemporary split-level home, built in 2017, showcases both style and functionality. The exterior boasts low-maintenance vinyl siding, ensuring lasting beauty with minimal upkeep. Step inside to be greeted by an expansive open floor plan that effortlessly combines modern living with comfort. The living and dining rooms feature striking cathedral ceilings, creating an airy and spacious ambiance. These spaces seamlessly flow into a large, kitchen, perfect for culinary enthusiasts, and offer direct access to a deck via a convenient slider. The main floor hosts three generously sized bedrooms, including a master suite with its own private bathroom for ultimate relaxation. An additional full bathroom serves the other bedrooms, ensuring convenience for family and guests. The lower level is equally impressive, featuring a large fourth bedroom, a full bathroom, a laundry area, and a two-car garage. This home is a remarkable value!
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| Aug 2, 2017 | Sold | ||
| Sold | |||
| Jul 1, 2017 | Listed by Thrive Real Estate Specialists | $324,900 | |
| Listed by Thrive Real Estate Specialists | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017