8 Derby Brook Way #8
About This Property
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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%.
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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 |
|---|---|---|---|
| Apr 19, 2022 | Sold | ||
| Sold | |||
| Feb 10, 2022 | Listed by Coldwell Banker Realty - Hingham | $1,249,000 | |
| Listed by Coldwell Banker Realty - Hingham | |||
| | |||
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Recently renovated and expanded from the walls out. A tree lined entryway with stone bridge welcomes you to The Homes at DERBY BROOK WAY. Sited on 8.5 wooded acres. MAGNIFICENT END UNIT WITH FIRST FLOOR MASTER. 3721 Sq ft of light-filled, elegant interiors. Sleek and spacious, the open concept first floor features a gourmet quartz/stainless steel kitchen with Wolf stove & other professional appliances. The fireplaced living room & dining room features custom banquette, cathedral ceiling, and designer lighting. The generous first floor master features a custom walk-in closet & luxurious bath. Living space extends outdoors to a private deck and patio overlooking serene wooded backyard. Spacious second level is home to a loft family room, two generous bedrooms and large family bath. Lower Level features a fireplaced Gameroom, Media room and half bath. Enjoy all of Hingham's amenities including Derby Street Shoppes, Hingham Square & Harbor, Shipyard, Commuter Boat & Rail, South Shore CC.
| |||
| Dec 16, 2019 | Sold | ||
| Sold | |||
| Sep 12, 2019 | Listed by Coldwell Banker Realty - Hingham | $875,000 | |
| Listed by Coldwell Banker Realty - Hingham | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
02/10/2022
|
3 Bed
|
4 Bath
|
3721 ft²
|
$1,249,000
3 Bed
4 Bath
3721 ft²
|
$1,240,000
-0.72%
04/19/2022
|
Christine Sypek
Coldwell Banker Realty - Hingham
| |
|
09/12/2019
|
3 Bed
|
3 Bath
|
2356 ft²
|
$875,000
3 Bed
3 Bath
2356 ft²
|
$860,000
-1.71%
12/16/2019
|
Beatrice Murphy
Lamacchia Realty, Inc.
| |
|
03/05/2012
|
3 Bed
|
3 Bath
|
2089 ft²
|
$749,000
3 Bed
3 Bath
2089 ft²
|
$749,000
12/07/2012
|
Theresa Donovan
Coldwell Banker Realty - Milton
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017