172 Olean 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 16, 2024 | Sold | ||
| Sold | |||
| Sep 11, 2024 | In contract | - | |
| In contract | |||
| Sep 5, 2024 | Listed by OWN IT, A 100% Commission Brokerage | $499,000 | |
| Listed by OWN IT, A 100% Commission Brokerage | |||
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Here is your opportunity to own the ONLY property for sale in Worcester with a RARE 1 acre of flat, usable land, featuring mature fruit trees & garden that abuts a babbling brook & conservation land. Located just minutes from hiking trails, restaurants, Polar Park, & all the vibrant attractions Worcester has to offer, this home is perfectly situated for both relaxation & convenience. With beautifully updated kitchen & baths, this 3 bed / 1.5 bath (half bath has pocket door & water lines to add a shower!) is waiting for its new owners. Refinished hardwood floors throughout, breakfast bar in kitchen, separate dining room, updated windows & freshly painted. Enjoy your morning coffee on the stone patio overlooking the incredible yard or on your screen porch running the width of the home! Economical gas heat & forced HW controlled by 2 zones w/NEST thermostats. Full walk out basement w/high ceiling. Country living in the city - a true gem of a property.
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| May 6, 2022 | Sold | ||
| Sold | |||
| Apr 6, 2022 | Listed by OWN IT, A 100% Commission Brokerage | $400,000 | |
| Listed by OWN IT, A 100% Commission Brokerage | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017