16 Shady Lane (Lot 21)
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 |
|---|---|---|---|
| May 28, 2021 | Sold | ||
| Sold | |||
| Mar 24, 2021 | Listed by Lamacchia Realty, Inc. | $429,000 | |
| Listed by Lamacchia Realty, Inc. | |||
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OFFER DEADLINE MONDAY 3/29 @ 5. Welcome to this beautiful home located in desirable Wachusett Woods. This stunning 3 bedroom 2.5 bath colonial is beautifully maintained and move in ready! Open floor plan with gleaming hardwood floors throughout the first floor, complete with custom built-ins and a gas fireplace. The bright and open kitchen boasts granite counter tops, large center island with butcher block top, subway tile back splash, recessed lighting, stainless steel appliances and a touch less faucet. Off the kitchen is a roomy deck leading into a private level back yard with covered patio. Upstairs the large master suite has two double closets and nice sized master bath. The second floor has two additional bedrooms and full bath . Additional bonus features in this home include gas heat, central air and 1st floor laundry. The home has easy highway access and is close to Trout Brook Recreation area and only 20 minutes away from Wachusett Mt!
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| Oct 9, 2009 | Sold | ||
| Sold | |||
| Apr 29, 2009 | Listed by ERA Key Realty Services - Worcester | $299,900 | |
| Listed by ERA Key Realty Services - Worcester | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017