0 S Main St
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 |
|---|---|---|---|
| Feb 20, 2024 | No longer available | - | |
| No longer available | |||
| Jan 2, 2024 | Listed by ERA Key Realty Services - Worcester | $39,900 | |
| Listed by ERA Key Realty Services - Worcester | |||
| | |||
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Opportunity knocks with this land available in general commercial zoning with approximately 118' of frontage. A single family residence once occupied the property many years ago and some evidence of that remains. Conveniently located at intersection to South Main St and Brookside Rd, Route 2/202 access just minutes away, this parcel offers much potential.
| |||
| Nov 10, 2015 | Sold | ||
| Sold | |||
| Sep 30, 2009 | Listed by Morin Real Estate | $5,000 | |
| Listed by Morin Real Estate | |||
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