0 Old Palmer Rd
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%.
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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 |
|---|---|---|---|
| Oct 9, 2020 | Sold | ||
| Sold | |||
| Aug 18, 2017 | Listed by Sullivan & Company Real Estate, Inc. | $34,900 | |
| Listed by Sullivan & Company Real Estate, Inc. | |||
| Feb 5, 2016 | Sold | ||
| Sold | |||
| Jun 23, 2015 | Listed by RE/MAX Prof Associates | $160,000 | |
| Listed by RE/MAX Prof Associates | |||
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Beautiful, 20.68 ACRE lot on Sutcliffe Rd and Old Palmer Rd. Located on a serene, country road in a beloved area of town called Dingley Dell, just 2 minutes to RT 20, the famous Brimfield Antique Show, the Brimfield State Forest and Dean Pond area. Are you an ATV, mountain biker, hiker or hunting enthusiast? This could be your perfect recreation spot. Build one fantastic house, hold the remainder of land in Chapter 61 and keep your taxes low, or build a family compound. Approximately 960' of frontage on Old Palmer Rd and 1306' of frontage on Sutcliffe Rd. Enough frontage and acreage for approx. 6 lots on Old Palmer Rd. On Sutcliffe Rd, the frontage is wet in most parts but dry in some areas, as picturesque Foskett Mill Stream runs along Sutcliffe Road. Property to convey in Chapter 61. Seller will pay for 1 perc test, in area of buyers choice, with accepted offer. Only 15 minutes to Rt 84 or to the MA Pike in Sturbridge or Palmer! VERY MOTIVATED SELLER!
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| Jun 5, 1997 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017