30 Mill St
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 22, 2024 | Sold | ||
| Sold | |||
| Oct 27, 2024 | In contract | - | |
| In contract | |||
| Oct 23, 2024 | Listed by Compass | $889,000 | |
| Listed by Compass | |||
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This 1953 Contemporary home is sited on a mostly wooded 3.16 acre lot across Mill Street from the Charles River. This is an incredibly tranquil setting that feels a world away from Boston, but is under 3 miles to Needham Junction commuter rail and in close proximity to the shops and restaurants of both Needham and Wellesley. The approximately 3,100 square foot home is in need of substantial renovation. This property is a unique opportunity to work with the existing footprint or re-imagine the site to create your dream home. See attached document for survey with wetlands and related setbacks. Property failed Title V inspection October 2024; buyer to assume responsibility. Being sold AS IS. Please allow 2 business days for a response to any offer; preference given to offers that allow sellers to leave contents of sellers' choice.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017