347 Worcester Street/Carriage Lane
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 |
|---|---|---|---|
| Apr 10, 2017 | Sold | ||
| Sold | |||
| Feb 22, 2017 | Listed by Benoit Mizner Simon & Co. - Wellesley - Central St | $895,000 | |
| Listed by Benoit Mizner Simon & Co. - Wellesley - Central St | |||
| Aug 13, 2013 | Sold | ||
| Sold | |||
| May 16, 2013 | Listed by Keller Williams Realty | $579,900 | |
| Listed by Keller Williams Realty | |||
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At the end of this carriage path entrance tucked well off of Route 9 lies one of Wellesley's best opportunities to live in this well-ranked community at a price you can appreicate. So much potential to add your own personal touches throughout! Hardwoods in many rooms including crown mouldings, lovely grounds and convenient to all that Wellesley has to offer. Come see for yourself today and envision all the possibilities!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017