385 Middle Rd
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 |
|---|---|---|---|
| Oct 31, 2024 | Sold | ||
| Sold | |||
| Sep 18, 2024 | In contract | - | |
| In contract | |||
| Sep 11, 2024 | Listed by Barrett Sotheby's International Realty | $975,000 | |
| Listed by Barrett Sotheby's International Realty | |||
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This farmhouse colonial is situated on one of the most bucolic & beautiful roads in Boxborough & across from Beaver Brook/ Steele Farm w/ miles of hiking trails. The freshly painted 3 BR, 2 1/2 BA home has been lovingly maintained by the same family for 20 years. The 1st floor includes a spacious & sun-drenched family room that is perfect for large gatherings, open to the kitchen featuring Stainless Steel appliances, a breakfast bar & a separate eat-in area. Enjoy entertaining in the beautiful dining room or relaxing in the private living room anchored by a wood burning FP. The 2nd floor features a large primary suite with its own private bath and walk- in closet and two other well proportioned bedrooms that share the second bath. 3rd floor & lower level are finished - perfect for guest over flow, a home office, or playroom. Enjoy the peace and tranquility of this location as you sit on the farmers porch after a long day. Easy access to Rt 2 & 495 & the award winning A/B schools!
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| Aug 31, 2004 | Sold | ||
| Sold | |||
| May 7, 2004 | Listed by Barrett Sotheby's International Realty | $669,900 | |
| Listed by Barrett Sotheby's International Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017