36 Fairlee 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 |
|---|---|---|---|
| Aug 6, 2024 | Sold | ||
| Sold | |||
| Jun 23, 2024 | In contract | - | |
| In contract | |||
| Jun 12, 2024 | Listed by William Raveis R.E. & Home Services | $1,715,000 | |
| Listed by William Raveis R.E. & Home Services | |||
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Located in an outstanding Waban neighborhood, this 4 bedroom, 2.5 bath home has been lovingly cared for, expanded and renovated over the years. The first floor offers an open floor plan with kitchen, dining area and living room which lead out onto an expansive deck, ideal for summer barbeques. Completing this floor are a private den/office area and half bath. There are 4 well proportioned second floor bedrooms with 2 full updated baths which includes the primary suite. The walk out lower level has a large fireplaced family room and 2 large storage rooms offering plenty of space for expansion. Not to be missed is an additional outside storage room beneath the 2 car garage perfect for yard equipment and winter storage. This move in ready home is just .5 mile to Zervas Elementary School and less than 1 mile to the villages of Waban and Newton Highlands and the Eliot and Waban Greenline T stops.
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| Nov 4, 2003 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017