15 Balsam Drive
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 23, 2006 | Sold | ||
| Sold | |||
| May 19, 2006 | Listed by Coldwell Banker Realty - Leominster | $179,900 | |
| Listed by Coldwell Banker Realty - Leominster | |||
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1% Bonus to selling ofc if on dep by 8/20/06. Sprawling Ashburnham ranch with Beach rights to Sunset Lake. Oversized 2 car garage with bonus room above waiting for you last minute completion. First floor has large family room. All domestic water usage is included in the association dues as well as use of boat ramps and beaches. We have lenders ready to work with qualified buyers to wrap in work needed. Association dues are $645.00. Seller is motivated, submit any/all offers will be considere
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| Jul 16, 1998 | Sold | ||
| Sold | |||
| May 19, 1998 | Listed | $109,900 | |
| Listed | |||
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