63 Gayland 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%.
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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 |
|---|---|---|---|
| May 17, 2021 | Sold | ||
| Sold | |||
| Mar 1, 2021 | Listed by Compass | $825,000 | |
| Listed by Compass | |||
| Jul 10, 2019 | No longer available | - | |
| No longer available | |||
| Jun 22, 2019 | Listed | $775,000 | |
| Listed | |||
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Sunny and spacious east facing 4 bedroom colonial very close to Needham Center and the train. Join this Newman Elementary neighborhood close to the Junction station and its ice cream window. Inside, there is space for everyone. The kitchen has new stainless appliances, granite counters, and has a window to the dining room and the deck beyond. If you have an in-law, they can stay with you in the first floor bedroom and use the adjacent full bath. Upstairs there are 3 extra large bedrooms, a full bath, and a bonus room for hanging out. On the walk out lower level, there is the large playroom with attached full bath, study, and large laundry room. If you work from home, the study on the lower level benefits from great light with a full window and a door to the outside. Behind this home is a forest that provides excellent privacy. The manager has listed the unit size as 2740 square feet.
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| Jun 30, 1992 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017