184 Highland 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 |
|---|---|---|---|
| Feb 9, 2018 | Sold | ||
| Sold | |||
| Oct 25, 2017 | Listed by 1 Worcester Homes | $425,000 | |
| Listed by 1 Worcester Homes | |||
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Back on market buyers financing fell through, Opportunity knocks "Cash Cow" Investors take notice, great opportunity to add to your portfolio with this extremely well kept building currently being used as a bordering / dormitory with great rental history for WPI Students, within walking distance of WPI (1/8 of mile +-), with 8 single rooms being used as bedrooms (current permit in hand is for 8 residence) 4 baths and 4 common areas, building has all the major updates completed including roof, windows, alarm system, wiring, plumbing, siding, heating system, and commercial fire / sprinkler system, building has central vac and 2 car garage, nothing to do but start collecting rents, building would also be great for dentist office , attorney office etc...... possibilities are endless, buyer and buyers agent to do own due diligent for transfer of current permit, the numbers don't lie they work with ease on this one, see attachment for updates and expenses, 24 hr notice for showing (tenants)
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| Jul 30, 2017 | Listed by ERA Key Realty Services | $465,000 | |
| Listed by ERA Key Realty Services | |||
| Sep 14, 2012 | Sold | ||
| Sold | |||
| Apr 2, 2012 | Listed by ERA Key Realty Services | $219,900 | |
| Listed by ERA Key Realty Services | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017