61 Parker 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%.
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 |
|---|---|---|---|
| Nov 2, 2017 | Sold | ||
| Sold | |||
| Jul 29, 2017 | Listed | $1,849,500 | |
| Listed | |||
| | |||
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Stunning young colonial in sought after neighborhood. Tall ceilings, gorgeous kitchen with top of the line stainless appliances and butler’s pantry. The first floor features open floor plan with beautiful hardwood floors including family room with gas fireplace, formal living room and bright dining room. Second floor is home to the four spacious bedrooms, including romantic master suite with tray ceilings, two walk-in custom closets and spa bath. Finished basement features a large play room, full bathroom, and office with French doors. Large, sunny yard is the perfect place for summer gatherings. Minutes from Wellesley center and a commuter's dream location. The search for your forever home in Wellesley ends here! The manager has listed the unit size as 4025 square feet.
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| Jun 14, 2017 | Listed by Engel & Volkers Concord | $1,849,500 | |
| Listed by Engel & Volkers Concord | |||
| Apr 18, 2014 | Sold | ||
| Sold | |||
| Apr 14, 2013 | Listed by Engel & Volkers Concord | $1,779,000 | |
| Listed by Engel & Volkers Concord | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017