55 Fairlee 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%.
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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 |
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| Jun 17, 2020 | Sold | ||
| Sold | |||
| Mar 4, 2020 | Listed by Coldwell Banker Realty - Wellesley | $2,195,000 | |
| Listed by Coldwell Banker Realty - Wellesley | |||
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Wonderful Waban Colonial set on a 11,900 sq.ft. level lot offers 4,465 sq.ft. of living space. The home has undergone a major transformation with a two story addition and extensive renovations/upgrades throughout. The foyer is flanked by a dining room and living room with fireplace. The gourmet kitchen with custom cherry cabinetry, soapstone countertops and high-end appliances has a large center island and dining area with direct access to a bluestone patio and generously sized fenced-in yard. The family room off the kitchen is adjacent to a three season porch with walls of windows. A butler's pantry, powder room, laundry room, mudroom and two car garage complete the first level. The second floor features a master bedroom with two walk-in closets, access to a balcony and a luxurious bathroom. Four additional bedrooms and two baths, one en-suite, are on this level.The lower level has two rooms, a workshop area and a half bath. Near Waban Square, Green Line "T" and the Zervas School.
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| Sep 9, 2011 | Sold | ||
| Sold | |||
| Jun 15, 2011 | Listed by Hammond Residential R. E. | $950,000 | |
| Listed by Hammond Residential R. E. | |||
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Classic New England Colonial sited on a beautiful level lot. This lovely home is walkable to Waban Square and The Highlands. The main living level has a living room with a fireplace, dining room and kitchen and a spacious architect designed family room that overlooks a terrific backyard. The 2nd level is comprised of 4 bedrooms and 3 full bathrooms. Additionally, there is a lower level playroom with a fireplace and a 2 car garage. Enjoy Newton living at its finest. Come and see!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017