56 Menotomy 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 |
|---|---|---|---|
| Jul 31, 2024 | Sold | ||
| Sold | |||
| May 29, 2024 | Listed by Gibson Sotheby's International Realty | $925,000 | |
| Listed by Gibson Sotheby's International Realty | |||
| | |||
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Exciting Opportunity in Desirable Neighborhood! This captivating 4-bed, 2-bath single family home seamlessly blends timeless charm with contemporary updates. Situated in the coveted Brackett School district, conveniently close to Mass Ave, 77 bus line & new Arlington High School, this location offers the best of everything. Head inside to discover a newly crafted open floor plan, flooding the main level with natural light and providing ample space for daily living & entertaining. The addition of a 1st-floor brand new bedroom & bath ensures privacy & convenience, while the 3 spacious bedrooms on the 2nd floor, along with full bath, provide comfort & functionality for everyone. The spacious, level backyard beckons for outdoor gatherings & recreation. Throughout the home, recent upgrades also include new hardwood flooring, fresh paint, updated electrical & plumbing. With these enhancements, this residence is ready to welcome its new owners to a lifestyle of comfort and modern convenience
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| Mar 20, 2023 | Sold | ||
| Sold | |||
| Feb 3, 2023 | In contract | - | |
| In contract | |||
| Jan 25, 2023 | Listed by Gibson Sotheby's International Realty | $799,000 | |
| Listed by Gibson Sotheby's International Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017