1 Paper Birch Path #1
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 |
|---|---|---|---|
| Jul 24, 2023 | Sold | ||
| Sold | |||
| Jun 26, 2023 | In contract | - | |
| In contract | |||
| Jun 21, 2023 | Listed by Compass | $539,000 | |
| Listed by Compass | |||
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**Open House Canceled, Offer Accepted** Welcome to White Birch Commons! Located in the coveted Burncoat neighborhood, this like-new home is a rare opportunity to reside in a gated community. Built in 2016, this immaculate property boasts 3 bedrooms and 3.5 bathrooms, providing ample space for comfort and privacy. The owner's suite features an en suite bathroom and a walk-in closet, lots of storage space. The chef's kitchen, complete with an oversized island and gas appliances, is a culinary dream. Relax and entertain on the private deck or covered porch. Parking is a breeze with the 2-car garage. The finished basement, with a bathroom, offers versatile space for an office, extra bedroom, or gym. Enjoy year-round comfort with central air conditioning and central heat. The open concept floorplan enhances the flow between the kitchen, dining area, and living space. This home provides easy access to shopping, Worcester’s top restaurants, schools, and parks.
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Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
06/21/2023
|
3 Bed
|
4 Bath
|
2128 ft²
|
$539,000
3 Bed
4 Bath
2128 ft²
|
$560,555
+4.00%
07/24/2023
|
Wajeeha Nasir
Mathieu Newton Sotheby's International Realty
| |
|
05/26/2017
|
3 Bed
|
3 Bath
|
2394 ft²
|
$390,000
3 Bed
3 Bath
2394 ft²
|
$423,927
+8.70%
07/06/2018
|
Frances Casanova Silva
Your New Home Mkting
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017