723 Charles River 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 |
|---|---|---|---|
| Sep 3, 2020 | Sold | ||
| Sold | |||
| Jun 19, 2020 | No longer available | - | |
| No longer available | |||
| Jun 19, 2020 | Listed by Gibson Sotheby's International Realty | $1,535,000 | |
| Listed by Gibson Sotheby's International Realty | |||
| Apr 27, 2020 | Price Increased |
$1,599,999
↑ $101K
(6.7%) | |
| Price Increased | |||
| Mar 30, 2020 | Listed by Engel & Volkers Wellesley | $1,499,000 | |
| Listed by Engel & Volkers Wellesley | |||
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Your opportunity to own this 6 bedroom colonial sited beautifully on nearly 2 acres of land gently sloping to the Charles River. This home is sited up a long driveway with glistening water views. The landscape was just cleared for family use with new irrigation open to a vast lawn for family lifestyle and outdoor fun. A sun-filled family eat-in kitchen with sliding door to access the private deck. A huge bow window overlooks the amazing rhododendrons, dogwoods and laurels. This elegant 4770 s/f home was just fully painted and bathrooms renovated. Hardwood floors throughout, are excellent condition, three wood burning fireplaces, This home is in move in condition. The floor plan provides is excellent for a family, au-pair or in-law. This estate setting is on the Dover line. Wellesley Center, Wellesley College, and Commuter Rail are within a few minutes drive. The manager has listed the unit size as 4770 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017