7 Broad Meadow 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 |
|---|---|---|---|
| May 15, 2025 | Sold | ||
| Sold | |||
| Apr 2, 2025 | Listed | $1,599,000 | |
| Listed | |||
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Open houses cancelled! A beautifully updated 5-bed, 3-bath home in one of Needham’s most sought-after neighborhoods. This meticulously maintained residence seamlessly blends timeless charm with modern sophistication. Step inside to discover a thoughtfully remodeled kitchen featuring stainless steel appliances, custom cabinetry, and elegant countertops—perfect for everyday living & entertaining. The inviting floor plan flows effortlessly into spacious living and dining areas, adorned with tasteful updates that enhance the home’s warmth and character. Upstairs, generous bedrooms & a loft provide comfortable retreats, while the updated bathrooms offer modern fixtures and finishes. Outside, the expansive, level backyard creates an ideal setting for outdoor gatherings, play, or relaxation. Nestled in a prime location with close proximity to top-rated schools, major highways, and the town’s vibrant shops and restaurants, this home offers the perfect balance of convenience and community!
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| Apr 18, 2018 | Sold | ||
| Sold | |||
| Jan 24, 2018 | Listed by RE/MAX Home Team | $1,095,000 | |
| Listed by RE/MAX Home Team | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017