348 Boston Road
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 |
|---|---|---|---|
| Nov 1, 2024 | Sold | ||
| Sold | |||
| Sep 9, 2024 | In contract | - | |
| In contract | |||
| Aug 23, 2024 | Listed by LAER Realty Partners | $1,399,000 | |
| Listed by LAER Realty Partners | |||
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Beautiful New Custom Home with extensive upgrades on a 3.56 acre lot, abutting 132 acres Russell Mill Pond/ Town Forest. To many features and details to list here, see attached sheets. Dream kitchen with loads of cabinets, center island with seating for 5. Opens to spacious fireplaced family room with picture window and views of private back yard w/stone patio and fire pit. 2 primary bedrooms with ensuites and walk in closets. Possible 1st flr bedroom and full bath. Hardwood throughout, walk up attic. Finished basement. Exterior building 22 x 57 with 10 x 20 attached room. Could be(was) a 3 season enclosed inground pool or built out to your custom needs. 3 Car 30.8 x 37 x13 garage, 9 x 8 doors, storage. Irrigation system on private well. Chelmsford offers, swim and tennis club, horseback riding lessons, Cultural Arts Center, 2 libraries, summer concerts on common, local produce farms, seasonal events. Close to elementary school, Great Brook Farm, NH tax free shopping.
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| Nov 1, 2023 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017