376 Orchard St
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 |
|---|---|---|---|
| Dec 8, 2020 | Sold | ||
| Sold | |||
| Dec 1, 2017 | Sold | ||
| Sold | |||
| Oct 19, 2016 | Listed by William Raveis R.E. & Home Services | $2,350,000 | |
| Listed by William Raveis R.E. & Home Services | |||
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A gentleman’s farm in every sense, Sparhawk Farm in Millis, Massachusetts is 56± acres (28± acres in Millis and 28± acres in Sherborn). Built in 1931, the residence is a practical, well-maintained farm house with 5 bedrooms and 5 full baths. Amenities include 2 fireplaces and a wood stove, sunroom, and a finished lower level with a media room and studio/craft room. As you walk the land you can see the long vistas, stone walls, imagine your horses in the paddocks, and your family and friends riding in the well-groomed ring. In the fall, the Norfolk Hunt rides thru. There’s a 3,000 sq. ft. bank barn with 3 levels, 2 shed row stables each with 2 stalls and a tack room, a 3 car garage, as well as a pool and a cabin and fire pit at the pond. Millis is a small rural town with one of the top school systems in the region. Conveniently located 20 miles southwest of downtown Boston, 23 miles east of Worcester, and north of Providence, RI. Rail service to Boston is located in neighboring Norfolk.
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| Jul 2, 2003 | Sold | ||
| Sold | |||
| Mar 21, 2003 | Listed by LandVest, Inc. | $2,195,000 | |
| Listed by LandVest, Inc. | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017