1
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12 Michaud Drive
About This Property
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Cap Rate Calculator
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 |
|---|---|---|---|
| Feb 28, 2011 | Sold | ||
| Sold | |||
| Jan 9, 2011 | Listed by Realty Direct Metrowest | $359,000 | |
| Listed by Realty Direct Metrowest | |||
| Jul 2, 2007 | Sold | ||
| Sold | |||
| Feb 26, 1999 | Sold | ||
| Sold | |||
| Dec 7, 1998 | Listed by Coldwell Banker Realty - Natick | $226,900 | |
| Listed by Coldwell Banker Realty - Natick | |||
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GORG SPACIOUS SUNFILLED SPLIT!BEAUT NEUT DECOR THRUOUT!FRAM NTH,DERSIRED NGHBHD,CULDESAC,CLOSE TO SHOPS,PIKE,MAJR RTES, GREAT JEN-AIRE KITCH,14X24 DECK,RECESSED LITES,OPEN LR/DRM, BRICK FP FAMRM,MBRM W/ 1/2 BATH,C/A,2 CAR GARAGE!LG.PRIV LOT
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