2 Wright 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 |
|---|---|---|---|
| Apr 10, 2014 | Sold | ||
| Sold | |||
| Feb 3, 2014 | Listed by Keller Williams Realty Greater Worcester | $24,900 | |
| Listed by Keller Williams Realty Greater Worcester | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
02/03/2014
| |
6 Bed
|
3 Bath
|
3591 ft²
|
$24,900
6 Bed
3 Bath
3591 ft²
|
$42,000
+68.67%
04/10/2014
|
Keith Kopley
Keller Williams Realty Greater Worcester
|
|
08/29/2004
| |
6 Bed
|
3 Bath
|
3591 ft²
|
$249,900
6 Bed
3 Bath
3591 ft²
|
$220,000
-11.96%
01/12/2005
|
James Marshall
JHM Real Estate
|
|
02/03/1999
| |
9 Bed
|
-
|
3591 ft²
|
$89,900
9 Bed
-
3591 ft²
|
$40,000
-55.51%
02/22/2000
|
Robert Francoeur
Gardner Real Estate Co.
|
Building Info
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Address: 335 Madison Avenue, New York, NY 10017