178 French Rd #LOT8
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 |
|---|---|---|---|
| Nov 3, 2023 | Sold | ||
| Sold | |||
| Aug 8, 2023 | In contract | - | |
| In contract | |||
| Jul 17, 2023 | Listed by Coldwell Banker Realty - Leominster | $654,900 | |
| Listed by Coldwell Banker Realty - Leominster | |||
| Jul 1, 2023 | No longer available | - | |
| No longer available | |||
| May 4, 2023 | Listed by Coldwell Banker Realty - Leominster | $599,900 | |
| Listed by Coldwell Banker Realty - Leominster | |||
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NEW CONSTRUCTION of the WILLOW design offers an open floor plan with spacious rooms. Soft-close maple cabinetry with a variety of color selections for your new kitchen with island, dining area, and pantry. The family room has cathedral ceiling and fireplace with marble surround. The flexibility of the home office or den is decked out with shadow boxing and crown molding plus a formal living room. Upstairs are 3 good sized bedrooms including your owner's suite with walk-in closet and private bath. Nice level lot is with plenty of space to add a swimming pool, chicken coop or playground area. This property consists of 2 acres of land on a beautiful country road. Located near the Templeton/Hubbardston town lines, a short drive to the elementary school and Route 2. Possible late summer delivery.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017