360 Payson 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%.
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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 8, 2024 | Sold | ||
| Sold | |||
| Apr 3, 2024 | In contract | - | |
| In contract | |||
| Mar 27, 2024 | Listed by Coldwell Banker Realty - Belmont | $1,595,000 | |
| Listed by Coldwell Banker Realty - Belmont | |||
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Desirable Payson Park - This impressive Center Entrance Colonial has many updates and has been meticulously maintained. On floor one you will find a front to back living room with gas fireplace, French doors leading to a spacious sunroom / family room, traditional formal dining room, fully applianced, updated kitchen, and half bath. Floor two features three generous sized bedrooms - primary with full bath and walk in closet - and main bath. The third floor is a welcoming and oversized space with skylights - perfect for fourth bedroom or large home office. Adjacent unfinished attic area is already plumbed for full bath. The lower level offers a generous sized bedroom / playroom / exercise room with oversized windows for great light, full bath, and cedar closet. Updated systems, rear patio, and cozy deck off the kitchen make this home not one to be missed. Steps to Harvard Sq bus, and a short walk to lively shops and restaurants of vibrant Cushing Sq.
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| Nov 29, 1991 | Sold | ||
| Sold | |||
| Apr 12, 1990 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017