0 Spring St. Ext
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 |
|---|---|---|---|
| Oct 3, 2025 | Listed by Four Columns Realty, LLC | $549,000 | |
| Listed by Four Columns Realty, LLC | |||
| Mar 24, 2025 | Sold | ||
| Sold | |||
| May 24, 2022 | Listed by Godin Real Estate | $375,000 | |
| Listed by Godin Real Estate | |||
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AFTER 22 YEARS OF APPLYING TO THE TOWN OF ATHOL TO GET A ZONING CHANGE FROM RES.C TO RES.B, THE OWNER HAS GIVEN UP. All land around this parcel (to the north, south, east and west) is designated Residential B for zoning. Current zoning allows for the construction of single-family homes on one-acre lots or mixed use housing. The land is still an Ideal location for development of multi-family housing. This land is part of larger parcel which was subdivided and sold to the Town of Athol for elementary and middle schools. No zoning issues there. Access to this land is from the end of Spring Street extension, as well as from the cart path at 834 Pleasant Street. Town water and sewer are available from either street. Owner has a proposed subdivision plan drawn up by Berry Engineering. Plans upon request and the owner is willing to meet with any potential buyer. Owner is related to agent.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017