45 Fairfield 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 |
|---|---|---|---|
| Mar 7, 2025 | Sold | ||
| Sold | |||
| Feb 5, 2025 | In contract | - | |
| In contract | |||
| Jan 30, 2025 | Listed by Advisors Living - Wellesley | $2,995,000 | |
| Listed by Advisors Living - Wellesley | |||
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Exceptional new construction sited on a tree-lined street in one of Needham’s most desirable neighborhoods. Meticulously crafted by a prominent local builder this home is rich with architectural details, refined millwork, upscale finishes & built with unparalleled quality. With over 5,300 sq ft on three living levels this home has 5 bedrooms & 5.5 bathrooms. The open-concept main level includes a gourmet kitchen w/center island, walk-in pantry & breakfast area, a spacious family room w/fireplace, a formal dining room with a butler’s pantry, a custom mudroom, an office/guest suite & a full bath. On the second level the expansive primary suite offers an elegant bath & 2 walk-in closets. There are three additional bedrooms all with walk-in closets, a Jack & Jill bath, an ensuite bath & a laundry room. The finished lower level provides even more space, including a fifth bedroom & full bath. Conveniently located just 0.6 miles from the Hersey Commuter Rail, close to Needham Center & Rte 95.
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| Feb 27, 2024 | Sold | ||
| Sold | |||
| Dec 12, 2023 | In contract | - | |
| In contract | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017