8 Poet's Path
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 |
|---|---|---|---|
| Aug 20, 2025 | Sold | ||
| Sold | |||
| May 18, 2025 | In contract | - | |
| In contract | |||
| May 7, 2025 | Listed by MGS Group Real Estate LTD - Wellesley | $2,200,000 | |
| Listed by MGS Group Real Estate LTD - Wellesley | |||
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Mid-Century Modern Gem with Spectacular Views in Wayland. At the end of a quiet cul-de-sac and next to Hamlin Estates trails, this architect-designed ranch offers panoramic hilltop views and unforgettable sunsets. Renovated by Workshop/APD, the home features a walnut kitchen, oak floors, limestone tile, and a glass-walled courtyard entrance. The main level includes 3 bedrooms, 2.5 baths, and an open-plan living area with deck access—all reached via the circular driveway and attached 3 car garage. The walk-out lower level adds a bedroom suite, large office, gym, game room, and a sitting room that opens to a screened-in porch. Modern luxury meets nature in this one-of-a-kind retreat.
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| Sep 10, 2009 | Sold | ||
| Sold | |||
| Jun 2, 2009 | Listed | $989,000 | |
| Listed | |||
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