18-20 Main 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 |
|---|---|---|---|
| Mar 30, 2018 | Sold | ||
| Sold | |||
| Jan 11, 2018 | Listed by Coldwell Banker Residential Brokerage - Worcester - Park Ave. | $239,500 | |
| Listed by Coldwell Banker Residential Brokerage - Worcester - Park Ave. | |||
| Aug 29, 2017 | Sold | ||
| Sold | |||
| Oct 28, 2008 | Sold | ||
| Sold | |||
| Jul 11, 2008 | Listed | $143,000 | |
| Listed | |||
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This home is both residential and commercial zoned. Huge 2-3 car garage/ workshop with heat. Great potential w/some TLC! Lot contains 2 parcels of land. Bank owned property being sold in "As Is, Where Is" condition. All offers contingent on receipt of fully executed P&S and addendums, including all seller addendums. Acceptance of good faith monies in escrow without executed P&S does not bind seller. Close to Rt 20, Rt 84 and MA Pike. Buyer to do due diligence, seller never occupied property.
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