1284 Montgomery St
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 |
|---|---|---|---|
| May 8, 2024 | Sold | ||
| Sold | |||
| Apr 17, 2024 | In contract | - | |
| In contract | |||
| Apr 9, 2024 | Listed by Coldwell Banker Community REALTORS® | $185,000 | |
| Listed by Coldwell Banker Community REALTORS® | |||
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Why rent when you can own? Sitting off the beaten path, but in a very convenient Chicopee location is this three bedroom, 2 bath home. First floor has kitchen, open dining room/living room combo, large family room and a full bath. Upstairs are three bedrooms and a full bath along with an enclosed porch. Hot water Baseboard heat (oil fired boiler installed 2003), gas fired hot water heater (2008), updated electrical (100 amp CB). Roof is approximately 12 years old. City water and sewer. Video security system. There is a one car detached garage but it does need work/demo and has mainly been used for storage. This property is being sold AS IS. This house is only for sale— it is NOT for rent. OFFER DEADLINE Tuesday, April 16th at 5 pm.( Highest and Best, no escalations or letters.)
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| Apr 27, 2001 | Sold | ||
| Sold | |||
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