57 Wachusett
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 |
|---|---|---|---|
| Apr 10, 2013 | Sold | ||
| Sold | |||
| Sep 27, 2012 | Listed by The Mitchell Group | $535,000 | |
| Listed by The Mitchell Group | |||
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Not your typical Needham hilltop retreat! This home, perched on Bird's Hill, enjoys one of the highest elevations and some of the best views in all of Needham. The new owner will have the opportunity to admire incredible sunsets from an outdoor deck, far up the embankment from Wachusett (the front of the house is on Alpine Ter). Master bedroom. Hardwoods. There is a sizable finished lower level which has huge windows and is completely above grade on the house's west side.
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| Apr 20, 2001 | Sold | ||
| Sold | |||
| Feb 16, 2001 | Listed by Berkshire Hathaway HomeServices Town and Country Real Estate | $439,900 | |
| Listed by Berkshire Hathaway HomeServices Town and Country Real Estate | |||
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BIRD'S HILL EMBANKMENT RANCH. MANY UPDATES INSIDE AND OUT. NEWER WHITE KITCHEN, 2 1/2 BATHS, DECK, SCREENED PORCH, AND MORE. PRIVATE WOODED YARD. ENJOY BREATH TAKING SUNSETS FROM THIS HILLTOP HOME.
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