301 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 |
|---|---|---|---|
| Dec 3, 2024 | Sold | ||
| Sold | |||
| Nov 5, 2024 | In contract | - | |
| In contract | |||
| Oct 29, 2024 | Listed by Advisors Living - Wellesley | $750,000 | |
| Listed by Advisors Living - Wellesley | |||
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This home is a potential tear down or a rehab project. The septic failed Title 5 and will be the buyer's responsibility to replace it. Full basement ranch set well back from the road, located adjacent to a new luxury South Natick sub-division. The lot is gorgeous, level, private and park-like. Located on the Sherborn line and across the street from Mass Audubon's Broadmoor Wildlife Sanctuary, providing 8 miles of nature walking trails. This home has great bones, a terrific floor plan and is in need of some cosmetic upgrades. Large, sun-filled kitchen with granite counters open to a family room with a fireplace, built-in shelves and glass sliders to a beautiful screened-in porch overlooking the backyard. Spacious formal dining and living rooms with picture windows. Primary suite with a full bath and two additional bedrooms. The enormous basement has a fireplace and if finished would provide substantial additional living area.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017