LOT 1 South Street
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 |
|---|---|---|---|
| Dec 6, 2013 | Sold | ||
| Sold | |||
| Feb 13, 2012 | Listed by William Neylon Real Est. | $109,900 | |
| Listed by William Neylon Real Est. | |||
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|
Build your dream home on this large parcel or possibly subdivide to build three homes. Approximatley 14+ acres with over 635 feet of frontage. Seller is anxious. The property is close to area ammenities and is 35 minutes from Worcester.
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| Apr 29, 2008 | Sold | ||
| Sold | |||
| Aug 9, 2007 | Listed by Sears Real Estate, Inc. | $224,900 | |
| Listed by Sears Real Estate, Inc. | |||
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|
New construstion for $224,900!! This to be built cape is nestled on 2.02 acres minutes to rt 122. 2 bedroom 1 bath unfinished upstairs! Hwbb oil heating system. 2 car garage under. Buy this home at a super price and finish the upstairs someday! Don't Miss out!
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| Nov 17, 2006 | Sold | ||
| Sold | |||
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