5 Philip Road
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 6, 2025 | Sold | ||
| Sold | |||
| Feb 12, 2025 | In contract | - | |
| In contract | |||
| Feb 4, 2025 | Listed by William Raveis R.E. & Home Services | $1,350,000 | |
| Listed by William Raveis R.E. & Home Services | |||
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Sunday OH now 1:30-3:00. Exciting opportunity in prime Follen Hill location! This well built home is brimming with sunlight and potential. Large impressive rooms, including living room with a wood burning fireplace, dining room, and updated eat-in kitchen with quartz countertops. Huge screened in porch and back deck to enjoy when the warm weather returns. Finished lower level with 1/2 bath, has direct entry from oversized 2 car garage with mudroom built-ins for boots and bags. There is plenty of room for both storage and play. Bring the popcorn as home theater is included and ready for movie night! Gorgeous 1/2 acre corner lot for all of your outdoor activities. A stone's throw from the playground at Bowman School, Wilson's Farm, MBTA stop and access to pristine trails in the Dunback Meadow conservation area. See attachment for full list of updates. Excellent neighborhood that makes for an easy commute to Boston. This home is ready for its new owners and not to be missed.
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| Nov 2, 2005 | Sold | ||
| Sold | |||
| Jun 24, 2005 | Listed by William Raveis R.E. & Home Services | $895,000 | |
| Listed by William Raveis R.E. & Home Services | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017