98 Heather Lane
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 |
|---|---|---|---|
| Jan 20, 2026 | Sold | ||
| Sold | |||
| Oct 4, 2025 | In contract | - | |
| In contract | |||
| Sep 30, 2025 | Listed by Compass | $6,495,000 | |
| Listed by Compass | |||
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The Crown Jewel of Needham. Stunning custom home on 7 acres abutting the Charles River with natural light, designer finishes, and picturesque views across 3 levels. Ground-up construction in 2023, this home offers a gourmet kitchen that boasts an oversized imported marble island, dual pantries, and a separate breakfast room opening to a deck overlooking the expansive backyard. Features include 6 en-suite bedrooms with radiant heat floors, a luxurious primary suite with a fireplace, spa bath & walk-in closet, plus a sunroom, 3 fireplaces, a wet bar, and a first-floor bedroom. The above-grade walkout lower level (9ft+ ceilings) offers a golf simulator, wine cellar/tasting room, bar, home theater, and guest suite. Outdoor amenities include a custom pool, hot tub, outfitted patio, and direct river access for kayaking or fishing. Heated 3-car garage with EV charger. Convenient to town, train, airport & highways. This rare property blends luxury, lifestyle, and location in a premier Needham
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| Jan 23, 2024 | Sold | ||
| Sold | |||
| Dec 9, 2023 | In contract | - | |
| In contract | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017