1321 Brimfield 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, 2014 | Sold | ||
| Sold | |||
| Apr 9, 2013 | Listed by EXIT Real Estate Executives | $107,000 | |
| Listed by EXIT Real Estate Executives | |||
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Back on Market. Buyer backed out at last minute. This spacious ranch is waiting for a handy owner. Living room w/ hardwood floor, picture window and fireplace. Eat-in kitchen. Wonderful for outdoor entertaining, large sunporch w/ sliders to multilevel deck overlooking yard, brook, woods. Oversize 2 car garage w/ attic space. Walk out basement offers additional space. Could use updates and a lot of cosmetics. Being sold as-is, no repairs will be done by seller. Buyer responsible for smoke and carbon certs. Easy commute to Worcester or Springfield. Passing Title 5! Property condition will limit financing types. BANK HAS APPROVED THE SHORT SALE AT $107,000
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| Aug 7, 2009 | Sold | ||
| Sold | |||
| Jun 2, 2009 | Listed by Keller Williams Realty Greater Worcester | $149,000 | |
| Listed by Keller Williams Realty Greater Worcester | |||
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