2 Pelican 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 |
|---|---|---|---|
| May 29, 2019 | Sold | ||
| Sold | |||
| May 21, 2018 | Listed by Media Realty LLC | $259,900 | |
| Listed by Media Realty LLC | |||
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Welcome Home To One of the Most Sough After Neighborhoods!! Sellers have address all issues noted by previous home inspection, Their lost Your Gain!!!! Economical Gas Heat!!! Quiet Living All Around, This lovely Home Offers Three Bedrooms, Two Full Bathrooms, Large Living room With a beautiful Fireplace, Entertain And Enjoy Nature In A one of a Kind Enclosed Sun Room, Lower Level Room Equipped with Heat and electricity, Minutes from shops, restaurants and highway access, including the Worcester Art Museum, Bancroft School, State Of The Art Nelson's Place School, Public Parks, Indian Lake Etc. Etc.., Also an updated electrical System wired for a generator, And a Newly Installed Architectural Shingle Roof!!!!
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| Apr 27, 2007 | Sold | ||
| Sold | |||
| Jan 29, 2007 | Listed by Park Avenue Realty Associates | $265,000 | |
| Listed by Park Avenue Realty Associates | |||
| Oct 29, 1999 | Sold | ||
| Sold | |||
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