112 May Brook 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 |
|---|---|---|---|
| Nov 27, 2024 | Sold | ||
| Sold | |||
| Oct 22, 2024 | In contract | - | |
| In contract | |||
| Oct 17, 2024 | Listed by Coldwell Banker Realty - Worcester | $400,000 | |
| Listed by Coldwell Banker Realty - Worcester | |||
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This charming two-bedroom Cape-Cod home features an open floor plan that maximizes space and natural light. Nestled on over 6 acres of land, the property offers a private and serene setting, complete with a deck for outdoor enjoyment. The home includes a two-car garage with a convenient walk-up storage area. There’s also an existing floor plan that allows for the potential of a second-level living area, which is currently not completed for occupancy. The solar panels on the property are owned by the seller, although they have not been used for approximately 10 years, and the owner is not familiar with their functionality or condition. Located on the Massachusetts-Connecticut border, this property provides easy access to major routes, making it a perfect retreat with abundant potential.
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| Oct 31, 1997 | Sold | ||
| Sold | |||
| Nov 4, 1996 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017