263 River Street
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 |
|---|---|---|---|
| Nov 26, 2024 | Sold | ||
| Sold | |||
| Oct 23, 2024 | In contract | - | |
| In contract | |||
| Oct 15, 2024 | Listed by Charlesgate Realty Group, llc | $849,900 | |
| Listed by Charlesgate Realty Group, llc | |||
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Welcome to 263 River St! This superb single family opportunity in Newton has undergone many updates and presents options for an additional bedroom. Enter to a foyer that flows into a bright living room with a working fireplace. To the right are 2 good sized bedrooms and a tiled bathroom. Ahead you will find an updated and open kitchen with stainless steel appliances, granite counters, and dining area. Past this is a bonus room/den with radiant heated floors and sliders that open out to a composite deck. This home has a finished basement with 2 separate rooms, a 2nd fridge, laundry, ample storage, utility rooms, a 2nd tiled bathroom, and room for a gym or office perhaps. Ample driveway parking, Central A/C, a nice sized backyard with a patio, and new white fencing top off this fantastic home. Great West Newton neighborhood with easy access to the MBTA, Commuter Rail, West Newton Center, and highway access to commute to Downtown Boston. Amazing Opportunity to get into a home in Newton!
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| Sep 15, 2020 | Sold | ||
| Sold | |||
| Jul 22, 2020 | Listed by Charlesgate Realty Group, llc | $699,000 | |
| Listed by Charlesgate Realty Group, llc | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017