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320 Wellesley 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 |
|---|---|---|---|
| Feb 13, 2019 | No longer available | - | |
| No longer available | |||
| Dec 19, 2018 | No longer available | - | |
| No longer available | |||
| Dec 16, 2018 | Listed by Engel & Volkers Boston | $4,500,000 | |
| Listed by Engel & Volkers Boston | |||
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2.8 Acres / 121,855 sqft Offered as Land as well as w improvements as below: CALL FOR OFFERS ASAP - OFFERED AT $5M BELOW ASSESSED VALUE OF $9.455M - - Majestic gated residence in one of the most affluent suburbs only 12 miles west of Boston. Designed for gracious entertaining, this magnificent estate is complete w almost 3 acres of manicured lawn, tennis court, heated swimming pool, outdoor kitchen, fire pit, rolling lawns, mature trees, waterfalls, gated entry, & separate antique carriage house all in a setting of complete privacy. The 20,000Sqft Federal Baroque New England colonial manor featuring Queen Anne chateau towers has 20 rooms w 7+ bdrms, 7 full & 4 half baths, 9 fireplaces, 2 floating style staircases, game room, wine cellar, tea room, 6 car garage & more. The 4,500 sqft carriage home was constructed in 1743 & features historic details, 5 bdrms, 3.5 bths, 6 f/p's, formal living & dining, family room, parking & a 2 car garage
| |||
| Dec 7, 2018 | Price Decreased |
$5,000,000
↓ $2M
(23.1%) | |
| Price Decreased | |||
| Oct 3, 2018 | Price Decreased |
$6,500,000
↓ $3M
(27.8%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017