Lot 1R,2R Eustis Street
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 |
|---|---|---|---|
| Aug 31, 2016 | Sold | ||
| Sold | |||
| Jun 27, 2016 | Listed by Sterling Realty Belair, INC | $64,900 | |
| Listed by Sterling Realty Belair, INC | |||
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SITE PLAN ALREADY APPROVED FOR SIDE-BY-SIDE DUPLEX.. West Boylston line location and pretty level lot description. If you want to start and finish a project this year, this is it! FOR YOUR CONVINIENCE, everything prior to building has already been done with definitive site plan ... do what you do best... BUILD! City water, City sewer, Electricity overhead, plus other features. Site plan approved for 3 bed, 1.5 bath, and 2 car garage each unit. This would be two single family attached so no HOA necessary. Each lot has 4,000+ sq ft and 35 ft of frontage.
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| May 16, 2014 | Sold | ||
| Sold | |||
| Mar 1, 2014 | Listed by Lisboa Realty | $195,000 | |
| Listed by Lisboa Realty | |||
| Oct 1, 2008 | Sold | ||
| Sold | |||
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