98 Sears 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 |
|---|---|---|---|
| May 10, 2024 | Sold | ||
| Sold | |||
| Mar 3, 2024 | In contract | - | |
| In contract | |||
| Feb 29, 2024 | Listed by Gibson Sotheby's International Realty | $1,775,000 | |
| Listed by Gibson Sotheby's International Realty | |||
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Nestled on nearly two picturesque acres, and in Wayland's most sought after Claypit Hill neighborhood, sits this classic +4,000 sq ft center-entrance colonial. A welcoming foyer leads to an entertainment sized DR, expansive front-to-back LR w/ fireplace & spacious 2-story office/study w/custom built-ins & additional fireplace. The kitchen, clad w/ white cabinetry, stone counter tops & stainless steel appliances, offers an eat-in dining area w/a fireplace & grand family room w/ a soaring cathedral ceiling & high-end built-in wall units. A year-round sunroom w/fireplace highlights an expansive & beautifully landscaped backyard & opens to a large patio & deck. A laundry area completes the 1st floor. The 2nd floor hosts 4 family BRs, including a stunning primary suite w/ an abundance of closet space & renovated bath. Generously finished LL w/ an additional fireplace is perfect for a playroom & gym. Completing the LL is a mudroom plus ample storage - All that's left to do is unpack!
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| Jun 15, 1989 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017