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109 Sears Island Dr
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 8, 2017 | Sold | ||
| Sold | |||
| Sep 26, 2016 | Listed by Real Living Barbera Associates | Worcester | $175,000 | |
| Listed by Real Living Barbera Associates | Worcester | |||
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Update- Roof appears to be leaking, furnace not operable, hot water heater leaking. Life on the Island. Sears Island. A real island on Indian Lake. Accessed by permanent causeway. Private access to lake. Renovated kitchen, bath, electrical. Beautiful Wet Bar. Master with Cathedral ceilings, custom windows. Kitchen with granite tile counters, modern cabinets, under cabinet lighting and pendants, appliances, crushed granite sink. Two driveways. Exceptionally large and flat lot for the area.
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| Jul 12, 2010 | Listed by Real Living Barbera Associates | Worcester | $189,000 | |
| Listed by Real Living Barbera Associates | Worcester | |||
| Mar 5, 2008 | Sold | ||
| Sold | |||
| Aug 8, 2007 | Listed by Real Living Barbera Associates | Worcester | $158,500 | |
| Listed by Real Living Barbera Associates | Worcester | |||
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