3 Paula 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 |
|---|---|---|---|
| Nov 21, 2025 | Sold | ||
| Sold | |||
| Oct 28, 2025 | In contract | - | |
| In contract | |||
| Oct 22, 2025 | Listed by William Raveis R.E. & Home Services | $659,000 | |
| Listed by William Raveis R.E. & Home Services | |||
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Tucked on a beautiful, landscaped corner lot surrounded by well maintained homes, 3 Paula Rd delivers rare outdoor space just moments from Lower Mills dining, cafes, shops, and the Neponset River Greenway. Inside, a welcoming living room with gleaming hardwood floors, crown molding, and a fireplace for cozy winter nights. A bonus private office or workout studio overlook the green grass. The updated kitchen pairs stainless steel appliances with shaker cabinetry and stone countertops providing just the right amount of openness to the dining room. Large primary bedroom offers double closets plus ample room for furniture. Bonus finished room in the basement can be used as a private office, guest quarters or tv hangout. Out back, the fenced in yard is the star—expansive, private, and anchored by a patio perfect for entertaining. Enjoy an easy urban-suburban lifestyle with neighborhood amenities, green space, and commuter options all close by!
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| Mar 25, 2013 | Sold | ||
| Sold | |||
| Feb 6, 2013 | Listed by Encore Realty | $389,000 | |
| Listed by Encore Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017