9 Farm Road
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 |
|---|---|---|---|
| Jun 1, 2023 | Sold | ||
| Sold | |||
| Mar 27, 2023 | In contract | - | |
| In contract | |||
| Mar 13, 2023 | Listed by Coldwell Banker Realty - Belmont | $2,900,000 | |
| Listed by Coldwell Banker Realty - Belmont | |||
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HIGHLY DESIRABLE BELMONT LOCATION JUST 2 BLOCKS TO THRIVING CENTER! This new home by Elite Belmont builder has a modern feel with 2 story atrium windows which bring in lots of natural light. A spacious foyer greets you which opens into the fireplaced living room and combination familyroom/dining area and kitchen. There is also a 1st floor bedroom with ensuite full bath. The kitchen will amaze you with custom cabinetry, island, luxury appliances and finishes. The 2nd level hosts an office which overlooks the atrium and the primary bedroom and bath with dual sinks, walk in shower and walk in closet. Two more bedrooms along with a full bath and laundry room complete this level. The 3rd floor hosts a bedroom with ensuite bath and some loft space. There is also a finished basement with large recreation room, full bath and exterior access. The detached 2 car garage with EV charging station and long wide driveway offers plenty of parking. You'll love the privacy of the yard and pato.
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| Oct 26, 2022 | Withdrawn | - | |
| Withdrawn | |||
| Jun 16, 2022 | Listed by Coldwell Banker Realty - Belmont | $1,299,000 | |
| Listed by Coldwell Banker Realty - Belmont | |||
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HIGHLY DESIRABLE BELMONT CENTER LOCATION! Close to the shops, restaurants, commuter train, Harvard Square bus, town pool, library, and all that Belmont Center has to offer.... leave your cars at home! This spacious 2 family home features large units, hardwood floors, rear porches, large driveway with 2 car garage and unfinished walk up attic for expansion possibilities. This is a great opportunity for end user willing to do some updates for huge upside. Also great for investors and developers.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017