51 Molasses Hill 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 |
|---|---|---|---|
| May 27, 2025 | Sold | ||
| Sold | |||
| Apr 9, 2025 | In contract | - | |
| In contract | |||
| Mar 7, 2025 | Listed | $535,000 | |
| Listed | |||
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Welcome Home to 51 Molasses Hill Rd.This beautifully maintained 3-bed, 2.5-bath Colonial is situated on over 1.4 acres in a prime commuting location. This stunning home offers an open-concept layout with a seamless flow between the kitchen, dining, and living rooms. Enjoy creating your culinary creations in the sleek and well-appointed kitchen, which opens into the front to back sprawling living room. The formal dining room adds flexibility and is perfect for hosting holiday gatherings. Upstairs, you'll find two generously sized bedrooms with great natural light and ample closet space. Lovely primary bedroom suite, which includes an ensuite bath and a walk-in closet. The partially finished walkout basement, equipped with its own heat zone, provides additional space for a family room, home office, or exercise room. Amazing outdoor space with a multi-teared deck overlooking the pool and beautiful nature. Convenient commute MA Pike, Rt84, & Rt. 20. Move right in and start making memories
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| Jan 21, 2025 | Temporarily off market | - | |
| Temporarily off market | |||
| Dec 2, 2024 | Withdrawn | - | |
| Withdrawn | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017