18 Powder Mill Rd
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 |
|---|---|---|---|
| Dec 1, 2016 | Sold | ||
| Sold | |||
| Sep 23, 2016 | Sold | ||
| Sold | |||
| May 19, 2016 | Listed by O'Brien Commercial Properties, Inc | $795,000 | |
| Listed by O'Brien Commercial Properties, Inc | |||
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An iconic building situated on the banks of the Assabet River and Mill Pond, with picturesque water views. Abundant window space and open concept interior provide ample natural light. Massive cathedral wood ceilings create pleasing acoustics. This two-story building lends itself well to retail, restaurant, showroom, or corporate space, and is easily modified to a number of other uses. Selling at $122.31 PSF.
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| Apr 5, 2016 | Listed by Realty Executives Boston West | $799,900 | |
| Listed by Realty Executives Boston West | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017