265 Payson 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 |
|---|---|---|---|
| Jul 15, 2024 | Sold | ||
| Sold | |||
| Jun 12, 2024 | Listed by Coldwell Banker Realty - Belmont | $1,495,000 | |
| Listed by Coldwell Banker Realty - Belmont | |||
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Meticulously maintained by the same owners for 48 years, 265 Payson Road is now ready for its next chapter.This pristine colonial, with handsome curb appeal offers a family friendly floor plan with plenty of space to spread out. The first floor features a large front to back living room with fireplace, large sunroom wrapped in windows, eat-in kitchen, and dining room with screened-in porch access. Second floor offers a primary bedroom and en suite bath, two additional bedrooms, and dedicated office or nursery.Third floor boasts additional bedroom, study and ample storage. Large unfinished basement, with direct access to the one car garage.Updated systems including 2019 roof, 2022 boiler, chimney&liner.Relax in your private, fenced in backyard with patio, mature plantings and beautiful landscaping. Enjoy concerts at the renovated Payson Park, Belmont's top rated schools, thriving Cushing Sq, Arsenal Yards, major rtes and public transportation with easy access into Boston and Cambridge.
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| Jul 13, 1976 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017