40 Highland 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%.
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 |
|---|---|---|---|
| Jun 16, 2025 | Sold | ||
| Sold | |||
| May 7, 2025 | In contract | - | |
| In contract | |||
| Mar 20, 2025 | Listed | $2,500,000 | |
| Listed | |||
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GORGEOUS NEW CONSTRUCTION ON 2+ ACRES!! Beautifully crafted home in the highly sought after Walnut Hill neighborhood just a short walk to Natick Center sitting on OVER 2 ACRES!! This sprawling colonial with full farmers porch is your perfect dream home. First floor features include a gourmet eat-in kitchen, stunning dinning area, home office/1st Floor bed, full bath, inviting mudroom, large family room with cathedral ceiling and gas fire place. The second floor offers another 3 beds, full bath and spacious primary with vaulted ceilings, matching walk in closets and spa like en-suite! The walk up third floor bedroom is perfect for a live in care taker or use as a home gym with full bath. With such a flexible, well designed floor plan on a lot this size in an unbeatable location and room to further expand, the possibilities are endless! You may also enjoy piece of mind having a home generator! Come enjoy another Fine home by one of Natick's premier builders!!
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| May 3, 2024 | Sold | ||
| Sold | |||
| Mar 7, 2024 | In contract | - | |
| In contract | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017