297 Eliot 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 |
|---|---|---|---|
| Apr 17, 2020 | Sold | ||
| Sold | |||
| Sep 13, 2019 | Listed by Advisors Living - Wellesley | $799,000 | |
| Listed by Advisors Living - Wellesley | |||
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BRAND NEW ROOF! Relax on your covered front porch overlooking your horses and your beautifully landscaped grounds.This custom built cedar shake ranch sits on three pristine acres and includes a detached barn with three horse stalls, tack room, hay loft, electricity and water.The barn is adjacent to three paddocks for easy turnout and a separate riding area which is included in the sale.The home has an open concept kitchen/dining room/family room with a bow window and wood burning fireplace.The large separate living room opens to a back deck and lovely inground pool in a very private and peaceful setting.Three spacious bedrooms including Master with en suite round out the main floor.The lower level has one finished office/playroom with a wood burning fireplace & offers additional finishing possibilities.This is the first time the property is being sold by the original owner & is located across from Broadmoor Wildlife Sanctuary close to Sherborn & charming South Natick Village
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017