28 Lafayette 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 |
|---|---|---|---|
| Nov 8, 2024 | Sold | ||
| Sold | |||
| Sep 30, 2024 | In contract | - | |
| In contract | |||
| Sep 18, 2024 | Listed by Gibson Sotheby's International Realty | $1,599,000 | |
| Listed by Gibson Sotheby's International Realty | |||
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Nestled on a 12,000 square foot lot on a private road near two golf courses, this expansive 3,000 square foot Colonial has been thoughtfully updated for modern living. The first floor features an open kitchen, flexible living/dining space, and a sun-drenched family room that flows to a deck overlooking a large, flat, fenced-in backyard. The open kitchen, with granite countertops and stainless steel appliances, offers direct entry to the 2-car garage. Central A/C cools much of the home. The second floor provides flexibility with 4 bedrooms, 2 full baths (one ensuite with potential to add a third), and the option to use as a 1-bedroom apartment-like suite with high ceilings, a balcony and private entry. The partially finished lower level offers more space for customization. Convenient to major highways and just minutes from Boston, Logan Airport, and Newton-Wellesley Hospital.
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| Jul 17, 2014 | Sold | ||
| Sold | |||
| May 7, 2014 | Listed by Gibson Sotheby's International Realty | $995,000 | |
| Listed by Gibson Sotheby's International Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017