185 Hope Ave
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 11, 2025 | In contract | - | |
| In contract | |||
| Feb 24, 2025 | Price Decreased |
$465,000
↓ $10K
(2.1%) | |
| Price Decreased | |||
| Jan 9, 2025 | Price Decreased |
$475,000
↓ $14K
(2.9%) | |
| Price Decreased | |||
| Dec 3, 2024 | Price Decreased |
$489,000
↓ $10K
(2%) | |
| Price Decreased | |||
| Oct 24, 2024 | Listed | $499,000 | |
| Listed | |||
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PRICE IMPROVEMENT! A tastefully renovated home in the heart of Worcester. This 3 bedroom and 2 full bath with 2nd floor laundry hookups is located on a corner lot minutes from I-290. It has modern finishes mixed with rustic charm. An open floor concept with kitchen, dining and living room is an entertainer’s dream. With a brand new heating and water system, new plumbing and electrical, stainless steel kitchen appliances, quartz countertops, beautifully tiled bathrooms, it is move in ready. On top of all that, it also a large covered deck and plenty of yard for gatherings and backyard BBQs.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017