316 Wallace Road
About This Property
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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 |
|---|---|---|---|
| May 31, 2023 | Sold | ||
| Sold | |||
| Apr 19, 2023 | Listed by Real Living-The Norwood Group | $825,000 | |
| Listed by Real Living-The Norwood Group | |||
| Sep 9, 2022 | No longer available | - | |
| No longer available | |||
| Jun 15, 2022 | Price Decreased |
$899,000
↓ $41K
(4.4%) | |
| Price Decreased | |||
| May 12, 2022 | Listed by Keller Williams Realty-Metropolitan | $939,900 | |
| Listed by Keller Williams Realty-Metropolitan | |||
| | |||
|
Welcome to 316 Wallace Rd an ONE of a kind UNIQUE Home. This Antique 5 Bedroom 3 Bath Colonial is filled with history & character situated on 3 acres in the heart of Bedford's Historic district. With over 4,800 sq ft, 12 Rooms, 5 Fireplaces, UPDATED Kitchen featuring Wolf Gas Range & Exhaust Hood, a true Entertainer's delight. Large CARRIAGE House for all the Animals or Tools. Enter the front foyer admiring the beautiful Glass transom above door. Glass Tri-fold doors into your Formal Living Rooms. One perfect for a home office. Large formal Dining Room ready to host large dinners & Holidays. Cozy Sitting Room with dual sided fireplace to Large Bright Den overlooking fenced in backyard & patio. Large Primary Bedroom w/ bright Walk in Closet adjoined to Full Bathroom w/ Large Tiled Shower & dual vanities. Second Bedroom w/ en suite w/ updated Bath and claw foot tub. Generous size bedrooms plus Office or Craft Room. Enjoy those hot Summer nights grilling on your Patio and in your 20x40 Inground POOL with diving board. For our EQUESTRIAN, a 3 Stall Horse BARN with Tack Room only 3 years old & RIDING Ring. Property is officially registered as Blackstone Farm w/ Boarding Income Potential! Property abuts Van Loan Preserve Conservation Land with w/ nearby access to walking trails. Fantastic location within 15 minutes to Manchester-Boston Airport, minutes to all shopping & restaurants & AWARD winning Bedford school district. Come view this beauty! The manager has listed the unit size as 4853 square feet.
| |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017