63 Riverbend Lane
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 |
|---|---|---|---|
| May 12, 2021 | Sold | ||
| Sold | |||
| Jan 8, 2021 | Listed by Coldwell Banker Residential Brokerage - Needham | $3,199,000 | |
| Listed by Coldwell Banker Residential Brokerage - Needham | |||
| Jun 29, 2011 | Sold | ||
| Sold | |||
| Aug 6, 2009 | Listed by Bay Realty | $2,765,000 | |
| Listed by Bay Realty | |||
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The 4th magnificent addition to Riverbend Lane, a 6-home, 16 acre cul-de-sac along the Charles River. Stunning shingle style home on lushly landscaped acre w/ gorgeous detail thruout 4 living levels. Enormous chef's kitchen open to cath ceiling FP'd family rm, dramatic entry foyer, 1st flr library & study, front & rear stairs, box beamed living rm, grand dining rm, 5 second floor BRs, huge front to back mudroom, fin'd walk-out lower level. A home of uncommon character in a neighborhood to match.
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