3 Gerald 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 |
|---|---|---|---|
| Aug 19, 2024 | Sold | ||
| Sold | |||
| Jul 21, 2024 | In contract | - | |
| In contract | |||
| Jul 17, 2024 | Listed by ERA Key Realty Services | $600,000 | |
| Listed by ERA Key Realty Services | |||
| | |||
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OFFER ACCEPTED ~ Situated on a picturesque corner lot, this property offers a warm and inviting atmosphere from the moment you step inside. The light and bright living room welcomes you with its cozy fireplace, perfect for relaxing evenings. The adjoining dining area and kitchen create a seamless flow for both everyday living and entertaining. Upstairs, you'll discover an updated bathroom and three spacious bedrooms, all featuring beautiful hardwood flooring. The lower level offers a versatile bonus space, ideal for a playroom or den, along with a laundry room and half bath for added convenience. This home boasts several wonderful updates, including new hardwood flooring, a modern heating system installed in 2024, updated windows, vinyl siding. With its blend of classic charm and contemporary upgrades, this home is truly a gem waiting to be cherished by its new owners. Nestled in a fabulous commuting spot near Route 9, the Mass Pike, and a variety of shopping options.
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| Jul 27, 2022 | Sold | ||
| Sold | |||
| Jun 16, 2022 | Listed by Coldwell Banker Realty - Framingham | $529,900 | |
| Listed by Coldwell Banker Realty - Framingham | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017