298 Mendon 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 |
|---|---|---|---|
| Jan 31, 2025 | Sold | ||
| Sold | |||
| Dec 3, 2024 | In contract | - | |
| In contract | |||
| Nov 15, 2024 | Listed by Jack Walker Realtor® | $649,900 | |
| Listed by Jack Walker Realtor® | |||
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Come check out this new listing, you won't be disappointed! Beautiful sun-filled kitchen with granite counters is fully applianced (including induction range) and is open to spacious dining room with fireplace which has a Harman pellet stove insert. Hardwood floors throughout first floor. Three and a half baths! Four good sized bedrooms, two with en suite baths. Recently updated primary bath has tiled shower stall, double bowl vanity, and whirlpool/soaking tub. Over-sized primary bedroom has walk in closet plus plenty of room for exercise equipment. Central air replaced this year and now also provides heat pump for secondary heating source. The walk out basement has a mini-split for heating and cooling and is just waiting for finish. Enjoy the weather on the over-sized patio across the back of the house overlooking a gorgeous fenced in backyard. Beautiful stonewall has stairs leading to a terraced side yard. Easy commuting distance to Route 495 and MA Pike.
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| Apr 24, 2013 | Sold | ||
| Sold | |||
| Feb 25, 2013 | Listed by Jack Walker Realtor® | $300,000 | |
| Listed by Jack Walker Realtor® | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017