40 Homer 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%.
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 |
|---|---|---|---|
| Feb 28, 2025 | Sold | ||
| Sold | |||
| Dec 12, 2024 | In contract | - | |
| In contract | |||
| Dec 4, 2024 | Listed by Keller Williams Realty Boston Northwest | $1,529,900 | |
| Listed by Keller Williams Realty Boston Northwest | |||
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Welcome to 40 Homer Road! Nestled on a quiet tree lined street in Poet’s Corner, this renovated split entry home has 4 bedrooms and 2.5 bathrooms and has everything you have been looking for! Sunlight pours through the huge bay window of the open concept floor plan offering a beautiful fireplace living room, a large eat in kitchen with plenty of cabinet space and a family room leading to the backyard.The primary suite offers an ensuite bathroom with a tiled walk-in shower and a dual vanity. More space awaits on the lower level with a family room, office, laundry, and half bath. This home is great for entertaining as it has multiple living spaces. Convenient to Dallin School, Routes 2/95, #84 bus to Alewife T Station, #78 bus to Harvard, Starbucks, Trader Joe’s and the Sutherland Woods Conservation area.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017