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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 5, 2015 | Sold | ||
| Sold | |||
| May 14, 2013 | Sold | ||
| Sold | |||
| Apr 9, 2013 | Listed by Glickman Kovago & Company | $149,000 | |
| Listed by Glickman Kovago & Company | |||
| Oct 9, 2012 | Listed by ERA Key Realty Services - Worcester | $399,900 | |
| Listed by ERA Key Realty Services - Worcester | |||
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Picturesque, country setting just off Rte 9 near Moose Hill Reservoir. Parcel has 1780 feet of road frontage approximately per Town map. Lots need 200 feet of road frontage.
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| Oct 19, 2009 | Listed | $210,000 | |
| Listed | |||
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Great 26+ Acres of Country Bliss Overlooking a Large Pond, Woods, Stone Walls, and Rolling Hills. Has been approved for Three Condos-- 8 units in each OR Five House Lots, Two Perc Tests, Septic, Surveying and Engineering Plans in hand. Beautiful setting for a development right off of Route 9, minutes from Worcester and other major routes--fantastic location in a great country setting. Prime land for residential developmental use.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017