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1041 Old Turnpike Road
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 28, 2011 | Sold | ||
| Sold | |||
| Dec 1, 2010 | Listed by Coldwell Banker Realty - Worcester | $239,900 | |
| Listed by Coldwell Banker Realty - Worcester | |||
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BRAND NEW 100% DONE and ready for you. Quality built and ENERGY efficient 2X6 construction, 2 story colonial with 3 bedroom and 2.5 baths and a 1st floor laundry. Many upgrades including hardwood floors in the kitchen, ceramic tile baths, ceiling fans and a 12 X 12 deck overlooking a level back yard. All this in a great location in Oakham only minutes to Route 122 making a easy commute to Holden, Paxton, or Worcester. Also located close to nearby bike and hiking trails and the rail trail.
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| Jul 26, 2010 | Listed by Michael Toomey & Associates, Inc. | $279,900 | |
| Listed by Michael Toomey & Associates, Inc. | |||
| Apr 20, 2010 | Sold | ||
| Sold | |||
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