318 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 |
|---|---|---|---|
| May 19, 2023 | Sold | ||
| Sold | |||
| Jul 24, 2020 | Listed by Realty Executives Boston West | $390,000 | |
| Listed by Realty Executives Boston West | |||
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Attention builders and home owners - Build a dream home on this 1+ acre lot in a scenic setting abutting the MA Audubon's 624 acre Broadmoor Wildlife Sanctuary. $1.5 - $2.0 Million homes being built in same area with similar soil conditions. The land area includes Lot B on Approved ANR Plan 2019-707. Seller has conducted previous soil testing, site survey, completed ANR subdivision, and BoH hearings. It appears the lot could accommodate a 4 bedroom house. Septic design and conservation approvals need to be completed. Public water at street. Convenient location in historical South Natick near Charles River. Build your dream home today!
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Address: 335 Madison Avenue, New York, NY 10017