198 May Street
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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 |
|---|---|---|---|
| Jul 31, 2006 | Sold | ||
| Sold | |||
| Jun 10, 2006 | Listed by HJRealty Group, LLC | $219,900 | |
| Listed by HJRealty Group, LLC | |||
| | |||
|
WELL MAINTAINED CAPE ON THE WESTSIDE OF WORCESTER...IT OFFERS 3 BEDROOMS,(WITH THE MASTER BEING ON THE FIRST FLOOR) 1.5 BATHS, 1 CAR GARAGE, REPLACEMENT WINDOWS, WRAP AROUND PORCH AT A CONVENIENT LOCATION. FULLY APPLIANCED KITCHEN, WASHER & DRYER IN BASEMENT STAY. A WALK OUT BASEMENT AND A BEAUTIFUL FENCED IN YARD...BRING YOUR BUYERS THROUGH, THIS ONE WILL NOT LAST!!!
| |||
| Nov 16, 1998 | Sold | ||
| Sold | |||
| Jul 1, 1998 | Listed by RE/MAX Advantage 1 | $71,900 | |
| Listed by RE/MAX Advantage 1 | |||
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