5 Munroe Way
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 |
|---|---|---|---|
| Jan 8, 2026 | Sold | ||
| Sold | |||
| Nov 17, 2025 | In contract | - | |
| In contract | |||
| Nov 7, 2025 | Listed by Stuart St James, Inc. | $899,000 | |
| Listed by Stuart St James, Inc. | |||
| Oct 14, 2025 | Temporarily off market | - | |
| Temporarily off market | |||
| Sep 2, 2025 | Listed by Century 21 North East | $949,000 | |
| Listed by Century 21 North East | |||
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First time on the market! Fully remodeled & expanded in 2025, this 4 bed, 3.5 bath home offers 2,576 sq. ft. of modern living with a finished basement for entertaining, work, or guests. The bright kitchen features a skylight, quartz island with beverage fridge, and high-end appliances, opening right into the living and dining areas. Upstairs, enjoy a spacious primary suite and updated baths. Plus, a brand-new garage, paved driveway, and new systems throughout make this home completely move-in ready.5 Munroe Way, Billerica — a rare opportunity you don’t want to miss.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017