655 Water St
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 |
|---|---|---|---|
| Jun 3, 2026 | Sold | ||
| Sold | |||
| May 5, 2026 | In contract | - | |
| In contract | |||
| Apr 30, 2026 | Listed by Hammond Residential Real Estate | $649,999 | |
| Listed by Hammond Residential Real Estate | |||
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Located in North Framingham’s desirable Nobscot neighborhood, this spacious ranch offers 3 bedrooms, 2 full baths, and approximately 1,920 sqft of thoughtfully designed living space.The main level features a fireplaced living and dining area, three generously sized bedrooms, full bath, and a stylishly updated kitchen. A large deck overlooks an expansive, level and fenced backyard. Off of the attached oversized one-car garage, a heated breezeway is a versatile transition space, ideal for a mudroom, seating, and storage. An abundance of natural light, central air, recessed lighting, and hardwood floors throughout. The finished lower level is a sophisticated extension of the home, featuring a spacious family room with fireplace, custom bar, and full bath. Ideally situated near schools, scenic walking trails and easy access to major routes, shopping, and local amenities, this home blends everyday convenience with comfort and charm.
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| Oct 1, 2020 | Sold | ||
| Sold | |||
| Aug 12, 2020 | Listed by Coldwell Banker Residential Brokerage - Wellesley - Central St. | $475,000 | |
| Listed by Coldwell Banker Residential Brokerage - Wellesley - Central St. | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017