40 White Pine 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 |
|---|---|---|---|
| Dec 2, 2024 | Sold | ||
| Sold | |||
| Sep 12, 2024 | In contract | - | |
| In contract | |||
| May 28, 2024 | Listed by Douglas Elliman Real Estate - The Sarkis Team | $4,325,000 | |
| Listed by Douglas Elliman Real Estate - The Sarkis Team | |||
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Welcome to 40 White Pine Road, constructed by a top local builder and nestled on an acre of lush grounds in the highly-coveted Country Way neighborhood. This magnificent residence features 14 rooms, including 5 spacious bedrooms and 6.5 luxurious bathrooms, and offers the ultimate in modern living. The heart of the home boasts an amazing chef’s kitchen with a large island and eating area with direct access to the private backyard. This amazing kitchen is complemented by a spacious dining room with a butler’s pantry and large family room with a cozy gas fireplace. Finishing off the main level is a library, office/guest bedroom with full bath, a mudroom with direct access to the 3-car garage, and a convenient powder room. Located near the town forest, this property offers a serene and private retreat just minutes from downtown Needham’s shopping, dining, and entertainment — as well as its top-rated schools and parks. Don’t miss this opportunity to make this stunning home yours!
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| Apr 1, 2024 | Price Increased |
$4,395,000
↑ $3M
(318.6%) | |
| Price Increased | |||
| Jan 5, 2024 | Relisted | $1,050,000 | |
| Relisted | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017