111 Manchester Ter
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 |
|---|---|---|---|
| Mar 13, 2025 | Sold | ||
| Sold | |||
| Jan 28, 2025 | In contract | - | |
| In contract | |||
| Jan 21, 2025 | Listed by Real Broker MA, LLC | $275,000 | |
| Listed by Real Broker MA, LLC | |||
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Welcome to 111 Manchester Terrace, a beautifully maintained home exuding timeless charm and modern convenience in the heart of Springfield, MA. This impeccable residence showcases stunning natural woodwork and gleaming hardwood floors that flow throughout, with the exception of the main bathroom. The elegant French doors add a touch of sophistication, while the versatile family room, complete with built-in shelving, offers the perfect space for a cozy retreat or a functional home office. The kitchen boasts recessed lighting and a layout designed for both functionality and style. Enjoy the peace of mind provided by maintenance-free vinyl siding on both the home and garage, along with energy-efficient vinyl windows. The property is heated by economical natural gas, providing both comfort and cost savings year-round. This home is a must-see gem, combining character, practicality, and a prime location. Don’t miss your opportunity to make it your own!
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| Jul 6, 2015 | Sold | ||
| Sold | |||
| Jun 19, 2014 | Listed by eXp Realty | $157,500 | |
| Listed by eXp Realty | |||
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Move into this impeccable home with magnificent natural stained woodwork. Awesome hardwood floors throughout home except main bathroom. Charming French doors add to the value and beauty of this property. Family room can be a fantastic home office with great built ins as well. Kitchen has been updated with many newer stainless appliances, recessed lighting and newer counter tops. Home and garage has maintenance free vinyl siding and energy efficient vinyl windows. Home has economical natural gas for heat and hot water. This home is priced correctly and should sell quickly.. Home is available for a quick transaction.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017