720 Edgell 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 |
|---|---|---|---|
| Feb 18, 2021 | Sold | ||
| Sold | |||
| Jan 11, 2021 | Listed by Berkshire Realty Group, LLC | $254,900 | |
| Listed by Berkshire Realty Group, LLC | |||
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Great opportunity for aspiring homeowners and investors alike. Make your dream house a reality. Build your own residence from scratch with this wonderful piece of land, located in a high sought out Framingham North area. This 1 acre land has been approved to build on by the town with an Order of Condition and an approved site plan by the conservation department. All you will need to do is come up with your building plan, most of the work has been done by current owner, which will facilitate your construction process. You will be just a short drive from major routes such as rt 9 and rt 90, with easy access to markets, shops and more. It is your chance to own a piece of Framingham and build an original home.
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| May 8, 2017 | Sold | ||
| Sold | |||
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Address: 335 Madison Avenue, New York, NY 10017