1071 Worcester Rd #4A
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 |
|---|---|---|---|
| Sep 30, 2020 | Sold | ||
| Sold | |||
| Aug 7, 2020 | Listed by Settlers Realty Group, LLC | $131,900 | |
| Listed by Settlers Realty Group, LLC | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
10/18/2024
|
Loft
|
-
|
800 ft²
|
$189,000
Loft
-
800 ft²
|
-
-
|
Joshua Seadia
JMJ Commercial Realty, Inc.
| |
|
03/12/2024
|
Loft
|
-
|
-
|
$275,000
Loft
-
|
$220,000
-20.00%
12/30/2024
|
Casey Killam
RE/MAX Executive Realty
| |
|
08/07/2020
|
Loft
|
-
|
-
|
$131,900
Loft
-
|
$125,950
-4.51%
09/30/2020
|
Sergio Froes Oliveira
Settlers Realty Group, LLC
| |
|
01/09/2019
| |
Loft
|
-
|
790 ft²
|
$22
Loft
-
790 ft²
|
$22
01/30/2019
|
Cook Real Estate Partners
Keller Williams Realty
|
|
05/03/2016
|
Loft
|
-
|
2185 ft²
|
$248,500
Loft
-
2185 ft²
|
$225,000
-9.46%
09/29/2016
|
Marlene Aron
Metrowest Commercial RE LLC
| |
|
08/11/2004
| |
Loft
|
2 Bath
|
790 ft²
|
$165,000
Loft
2 Bath
790 ft²
|
$160,000
-3.03%
02/02/2005
|
David Tognacci
Phoenix Commercial Real Estate
|
|
05/15/2002
| |
Loft
|
8 Bath
|
890 ft²
|
$145,000
Loft
8 Bath
890 ft²
|
$145,000
09/30/2002
|
Keith Shapiro
Realty Executives Boston West
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017