8 WETHERSFIELD DRIVE
About This Property
Welcome to this beautiful 3,300 square-foot home located in one of Medford's most desirable neighborhoods. This spacious property features five generously sized bedrooms, 2.5 bathrooms, and multiple living areas, offering an ideal layout for both comfortable living and entertaining. The home includes a full unfinished basement, providing ample storage and future finishing potential.
The exterior offers an exceptional backyard setting with a brand-new Trex deck and a stunning in-ground pool, perfect for outdoor enjoyment. Additional highlights include a two-car garage, new HVAC system, and a newer roof, adding value and peace of mind for the next homeowner.
Conveniently located near local amenities, this well-maintained home presents a rare opportunity in a highly sought-after neighborhood. Schedule your private showing today-this property will not last long.
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017