8 Gleason Road
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 |
|---|---|---|---|
| Feb 22, 2022 | Sold | ||
| Sold | |||
| Jan 6, 2022 | Listed by oNest Real Estate | $690,000 | |
| Listed by oNest Real Estate | |||
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Welcome to 8 Gleason Rd. Situated on a cul-de-sac, this home offers a large lot that has land in Woburn and Burlington! So your can choose school districts! An open entrance welcomes you home to a living room and dining room with vaulted ceilings, and an expansive deck off the kitchen that's perfect for summer BBQ's and gatherings. The large, flat lot provides plenty of space for a family to have play areas, gardens, and space for pets. The remainder of the home consists of 1.5 bathrooms, 3 bedrooms, large family room with a beautiful fireplace in the lower level, and attached garage. Property has been professionally painted for a new owner. Conveniently located close to Burlington Mall with easy 128/95 highway access.
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| Nov 1, 2017 | Sold | ||
| Sold | |||
| Sep 12, 2017 | Listed by Ivy Gate Realty | $519,900 | |
| Listed by Ivy Gate Realty | |||
| | |||
|
Situated on a cul-de-sac, this home offers a large lot that has land in Burlington and Woburn, so your can choose school districts! An open entrance welcomes you home to a living room and dining room with vaulted ceilings, and an expansive deck off the kitchen that's perfect for summer BBQ's and gatherings. The large, flat lot provides plenty of space for a family to have play areas, gardens, and space for pets. The two freestanding sheds in the back yard are included with one having electricity. The remainder of the home consists of 1.5 bathrooms, 3 bedrooms, large family room with a beautiful fireplace, and attached garage. Conveniently located close to Lahey Hospital, area corporations, Burlington Mall and other area shopping centers, all with easy 128/95 highway access. Windows and roof were replaced approximately 2 years ago.
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| May 31, 1994 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017