40 Grand Hill Dr
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 |
|---|---|---|---|
| Sep 13, 2026 | In contract | - | |
| In contract | |||
| Sep 11, 2026 | Listed by Coldwell Banker Realty - Wellesley | $2,045,000 | |
| Listed by Coldwell Banker Realty - Wellesley | |||
| Jul 1, 2026 | No longer available | - | |
| No longer available | |||
| Apr 16, 2026 | Listed by Compass | $2,095,000 | |
| Listed by Compass | |||
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Timeless charm and modern updates in this 5 bedroom colonial with open floor plan and abundant natural light. Entertainer's backyard with tiered decks, patio and garden paths. Updated kitchen and bathrooms, built-ins, fireplace and three-season sun room. Formal dining and living room with a fireplace, home office also with a fireplace. Second floor primary ensuite offers walk-in dressing room and sitting room, multiple living spaces and accompanied by 4 additional bedrooms:1 ensuite and 3 bedrooms with a shared bath. Lower level offers lots of extra storage or an opportunity to create additional finished space. Set on a beautifully landscaped two-acre lot, access to trails and protected land, top notch schools and 25 minutes to downtown Boston.
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| Dec 9, 2025 | Temporarily off market | - | |
| Temporarily off market | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017