1115 Worcester Rd
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 |
|---|---|---|---|
| Jun 5, 2013 | Sold | ||
| Sold | |||
| Aug 23, 2010 | Listed by Old Stone Properties | $255,000 | |
| Listed by Old Stone Properties | |||
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Non-profit organizations, organic farm co-ops come see this! Early 19th century former tavern now home with small apartment. Included is unfinished building with approximately 6000 sf. originally built as a retreat center. In addition, several outbuildings and a 4- car garage on 14 acres of land with open pasture, wooded areas & pond. Ideal for agricultural use, not a commercial site but may be used for specific non-profits subject to town approval. Price reduced!!!
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