5 Richards 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 |
|---|---|---|---|
| Aug 15, 2025 | Sold | ||
| Sold | |||
| Jul 4, 2025 | In contract | - | |
| In contract | |||
| Jun 20, 2025 | Price Decreased |
$734,900
↓ $15K
(2%) | |
| Price Decreased | |||
| Apr 28, 2025 | Listed by Keller Williams Boston MetroWest | $750,000 | |
| Listed by Keller Williams Boston MetroWest | |||
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Wow - Gorgeous Cape with a 1st floor ensuite (w/luxury bathroom, marble counter-top as well walk-in closet), 2 additional bedrooms & 1 additional full bath! The bright eat-in kitchen flows seamlessly into a vaulted family room with gas fireplace & extends to a formal dining area or bonus room. There are sliders from the family room and a 1st level bdrm that open to a cozy back deck & there is another larger deck with overhang on the front of the house! Laundryroom is conveniently nearby the kitchen. The 2nd level includes a 4th bdrm w/ a full bath & walk-in closet & a bonus .The attic & basements are both large & can readily become finished spaces. The lot includes a large shed w/ double doors. Updates include a new whole-house humidifier, furnace, commercial-grade water heater, security system & Generac generator. The home blends comfort with a modern style in every room! All of this on a lovely quiet 1 Acre lot with a private, fenced-in backyard. A wonderful, warm place to call home!
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| May 12, 2016 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017