69 Sears 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%.
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 22, 2024 | Sold | ||
| Sold | |||
| Sep 11, 2024 | In contract | - | |
| In contract | |||
| Jul 27, 2024 | Relisted | $1,595,000 | |
| Relisted | |||
| Jul 21, 2024 | In contract | - | |
| In contract | |||
| May 28, 2024 | Listed by Engel & Volkers Wellesley | $1,595,000 | |
| Listed by Engel & Volkers Wellesley | |||
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Privately sited on a 1.4 acre wooded lot in Wayland’s most sought after Claypit Hill neighborhood sits a 3,980 SF 4 bed 4 bath Swiedler-built Cape. Originally built in 1958, the home has been renovated since and exudes storybook charm with its 4 fireplaces and custom built-ins. First floor contains formal living & dining, expansive family rm, kitchen w/ island, first floor bdrm, dedicated home office/5th bdrm, and full bath. The primary suite is on second floor along with 2 spacious bdrms and a family bath. The generously-sized LL provides additional space for living & entertaining. Full bath and laundry on the same floor. Two car garage, level backyard, firepit, and garden are an outdoor enthusiast's dream. Bike to Claypit Elementary, hike Upper Mill Brook trails, and embrace a neighborhood-friendly lifestyle with lemonade stands, walking with friends, and block parties. Close proximity to Boston/Cambridge. A truly special home and neighborhood!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017