20 Heritage Lane
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 4, 2025 | Sold | ||
| Sold | |||
| Feb 13, 2025 | In contract | - | |
| In contract | |||
| Feb 5, 2025 | Listed by Keller Williams Realty North Central | $675,000 | |
| Listed by Keller Williams Realty North Central | |||
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OPEN HOUSE CANCELED DUE TO WEATHER. Private showings available. Offer Deadline Tuesday, 2/11 @ noon. Enjoy age 55+ living at the Village at Old Mill in Westminster! 20 Heritage Lane is a 6 year old single level home, in a prime location within the active-adult development. This layout has an eat-in kitchen, separate dining room and a central living room with 2-sided gas fireplace and sunroom with sliders to a private composite deck with motorized awning. The main bedroom has a walk-in closet and ensuite bathroom. Central AC and Generac generator. The Village at Old Mill is a neighborhood of 68 homes served by municipal water/sewer and natural gas. All of the homes are freestanding, and sit on their own land. Homeowners benefit from a resident-managed HOA ($250/month). Just a few miles to the center of Westminster with market, banking, library, pharmacy, robust senior center and more, as well as Route 2 and the Wachusett Station MBTA Commuter Rail, for an easy ride in to Boston.
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| Feb 19, 2019 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017