130 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 |
|---|---|---|---|
| Jul 10, 2024 | Sold | ||
| Sold | |||
| May 30, 2024 | Price Decreased |
$389,000
↓ $11K
(2.8%) | |
| Price Decreased | |||
| Apr 13, 2024 | In contract | - | |
| In contract | |||
| Apr 3, 2024 | Listed by ROVI Homes | $399,988 | |
| Listed by ROVI Homes | |||
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Welcome to 130 Manchester Terrace, Springfield, MA, a meticulously renovated 1,720 sq ft gem offering four bedrooms and 2.5 baths. Step into a world of elegance where every detail has been considered for your comfort. The heart of the home, a large kitchen, boasts extensive counter space, abundant cabinets, an accent wall, and a charming farmer's sink, all highlighted by sleek stainless steel appliances. The property features a detached two-car garage, providing ample space for vehicles and storage. Situated in a neighborhood that complements its style, this home merges modern convenience with timeless elegance, making it an ideal setting for both relaxation and entertainment. Experience the perfect blend of luxury and practicality in this exquisite Springfield residence.
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| Jul 21, 2023 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017