138 May 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 |
|---|---|---|---|
| Oct 30, 2025 | Sold | ||
| Sold | |||
| Sep 25, 2025 | In contract | - | |
| In contract | |||
| Sep 17, 2025 | Listed by RE/MAX Executive Realty | $469,900 | |
| Listed by RE/MAX Executive Realty | |||
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This charming home is a grand slam! Enjoy the best of Worcester living with the excitement of Polar Park moments away and the tranquility of the Hadwen Arboretum directly across the street. Its proximity to Clark University makes it an excellent choice for an owner-occupant though it could also be a smart investment property, building on its recently successful 2.5-year rental history. The home itself has a huge 1st floor layout, featuring a kitchen with an island, dining room that walks out to a newer composite deck, and a spacious living room. The finished lower level adds valuable square footage and a full bath while the walk-up attic provides storage or a great space for a future project. Upstairs, the freshly painted BRs share a full bath… the main BR is huge! Outside, NEW landscaping adds picturesque beauty and the fenced yard (irrigated) provides private outdoor space not often found in the heart of the city. This is a property with both immediate appeal and long-term potential.
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| Oct 19, 2020 | Sold | ||
| Sold | |||
| Aug 18, 2020 | Listed by Khattar Realty, Inc. | $319,900 | |
| Listed by Khattar Realty, Inc. | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017