62 Florence 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 |
|---|---|---|---|
| Oct 31, 2025 | Sold | ||
| Sold | |||
| Sep 23, 2025 | In contract | - | |
| In contract | |||
| Sep 17, 2025 | Listed by Coldwell Banker Realty - Lexington | $950,000 | |
| Listed by Coldwell Banker Realty - Lexington | |||
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HIGHLY DESIRABLE CEDARWOOD Neighborhood! Absolutely stunning and captivating Gambrel Dutch Colonial featuring a farmer’s porch exudes grand scale and classical symmetry, all-new kitchen with quartz countertops, stylish coffee station with shelving, and all stainless-steel appliances! Front-to-back large fireplaced living room with recessed lights, abundant windows, and first floor family room off the kitchen with bay windows overlooking the fenced-in level back yard with great privacy. Enchanting gumwood trim, 6-panel doors, high ceilings, hardwood floors, formal dining room with chair rails, sprawling primary bedroom with en-suite bath. 1st floor laundry, 2nd floor office, rear deck and much more! Commuter dream location of Waltham with great outdoor parks and trails, state-of-the-art Elementary, Middle, and High School facilities, and the proximity of Brandeis and Bentley Universities. This is the home you won’t want to miss! **Offers, if any, due Monday @5pm
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| Jun 4, 2015 | Sold | ||
| Sold | |||
| Apr 9, 2015 | Listed by Coldwell Banker Residential Brokerage - Waltham | $589,900 | |
| Listed by Coldwell Banker Residential Brokerage - Waltham | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017