16 Lambs Grv
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 |
|---|---|---|---|
| Aug 23, 2024 | Sold | ||
| Sold | |||
| Jul 16, 2024 | In contract | - | |
| In contract | |||
| Jul 8, 2024 | Listed by Leverage Real Estate, LLC | $375,000 | |
| Listed by Leverage Real Estate, LLC | |||
| | |||
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Discover the charm of this delightful lakeview retreat in the picturesque town of Spencer, MA. This home boasts a perfect blend of tranquility and convenience with close proximity to beautiful Sugden Reservoir, offering serene water views and an array of recreational activities. Step into a bright and airy living room featuring a cozy fireplace and elegant flooring, perfect for family gatherings and relaxation. The well-appointed kitchen comes with updated appliances, ample counter space, and stylish cabinetry. Enjoy the comfort of well-sized bedrooms with plenty of natural light, offering a peaceful retreat at the end of the day. The expansive deck provides an ideal space for outdoor dining, entertaining, or simply soaking in the beautiful surroundings. Washer & dryer conveniently located on the main level and a detached garage for parking and storage. This home offers a peaceful retreat from city life while remaining close to local shops, restaurants, schools, and major routes.
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| Mar 9, 2020 | Sold | ||
| Sold | |||
| Jul 19, 2019 | Listed by Leverage Real Estate, LLC | $115,000 | |
| Listed by Leverage Real Estate, LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017