40 Herrick 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 |
|---|---|---|---|
| Jul 12, 2024 | Sold | ||
| Sold | |||
| May 29, 2024 | Listed by Lamacchia Realty, Inc. | $989,000 | |
| Listed by Lamacchia Realty, Inc. | |||
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Welcome to this Royal Barry Wills single-family colonial home in the heart of Boxford, where luxury meets comfort. Immediately you're greeted by serene pond views leading to a private home in a tranquil setting. Enter into the timeless brick foyer leading to the grand living room, featuring a welcoming FP, custom built-ins, w/ pristine HW flooring. Other features include a large eat-in kitchen w/ adjacent formal dining room, cozy FP family room, 4 season sunroom and a library/office area creating a warm and inviting space for reading and relaxation. The 2nd flr boasts a full bath, 4 bdrms. w/ a primary suite offering a dressing area, 3 spacious dbl. closets, and a private full BA. This home is ideal for multi-generational living, w/an In-Law suite that offers a open concept living/kitchen area, bedroom and bath providing privacy and comfort. Enjoy your backyard and patio in this peaceful oasis, surrounded by nature and filled w/ soothing ambiance perfect for unwinding after a long day!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017