11 Baker Way
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 |
|---|---|---|---|
| Apr 17, 2024 | Sold | ||
| Sold | |||
| Mar 7, 2024 | In contract | - | |
| In contract | |||
| Feb 22, 2024 | Listed by RE/MAX Signature Properties | $499,900 | |
| Listed by RE/MAX Signature Properties | |||
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Bring your design eye! This home has had major updates including roof, gutters, insulation, windows, electrical, minisplit, driveway, steps, walkway, patio, and garage! This home has a great location to walk to restaurants and shopping. The home is zoned BB commercial perfect for running your business! The classic white A frame colonial sits on a beautiful flat lot on a cul de sac. The detached garage with foam insulation has business potential. The screened porch and patio is perfect for those summer nights to gather and unwind. The freshly painted living and dining rooms offer hardwoods and high ceilings. The country kitchen has a great view overlooking the yard and direct driveway access. The first floor has a bedroom or office option and the 3 rooms on the second level have great potential as bedrooms, office space, or future 2nd bath! Make this home your own in the sought after community of Westborough with top notch schools and commuter access to the Train-30-9-495-90!
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| May 9, 2018 | Sold | ||
| Sold | |||
| Sep 14, 2017 | Listed by RE/MAX Signature Properties | $299,000 | |
| Listed by RE/MAX Signature Properties | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017