311 Charles River 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 |
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| May 9, 2024 | Sold | ||
| Sold | |||
| Mar 15, 2024 | In contract | - | |
| In contract | |||
| Feb 6, 2024 | Listed by Douglas Elliman Real Estate - The Sarkis Team | $4,379,000 | |
| Listed by Douglas Elliman Real Estate - The Sarkis Team | |||
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Welcome to 311 Charles River, a luxurious new-construction property situated on over one acre in Needham. Upon entering the three floors of living space, a foyer with double herringbone floors leads you to a spacious kitchen with Thermador appliances and custom cabinetry. The open floor plan features a large pantry with secondary fridge/freezer, eating area, mudroom, dry bar, and oversized 3-car garage. The large dining room includes a wet bar. The great room has direct access to an outdoor patio. The first floor features custom paneling throughout and also includes a second primary bedroom. The second floor features an office and five ensuite bedrooms, including a stunning primary suite with a spa-like bath. The lower level has an enormous media room w/ entertaining space, gym and spa-like bath with sauna. The exterior has been professionally landscaped with a Valencia gas fire pit and oversized patio. This masterfully crafted home is a one-of-a-kind and is not to be missed.
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| Nov 24, 2023 | No longer available | - | |
| No longer available | |||
| Jun 9, 2023 | Listed by Compass | $4,500,000 | |
| Listed by Compass | |||
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This custom gambrel home graciously sits on a wooded lot which is over an acre. This private enclave includes spacious entertaining rooms featuring the ultimate in luxury. There are 6 ensuite bedrooms inc. 1st and 2nd floor primary suites. Bespoke details like custom millwork, spa styled bathrooms, wet bar, LL kitchenette, garage w/sink and refrigerator, built in speakers and more. The wall of floor to ceiling sliders in the living room brings the outside in. The chef's kitchen includes Thermador appliances and the butler's pantry includes a full sized refrigerator/freezer w/storage. This open concept living space is over 1000SF. Elevated selections for all bathroom fixtures, tiles and lighting by local interior designer. Lower level features spa like bathroom w/sauna and almost 900SF family room. Professionally landscaped w/ exquisite lighting, fire pit, patio with plumbing for a outdoor shower and gas grill. Tremendous curb appeal & location convenient to Needham & Wellesley.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017