204 Stone Road
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 |
|---|---|---|---|
| Jul 16, 2024 | Sold | ||
| Sold | |||
| Jun 4, 2024 | Listed by ERA Key Realty Services- Spenc | $395,000 | |
| Listed by ERA Key Realty Services- Spenc | |||
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Looking for a waterfront property? Well here it is! This is a great opportunity. 3 bedroom, 1 bath ranch/cottage with a 18x24 rear deck overlooking Lake Quaboag. Unobstructed views of this 537 acre lake offering full recreational use. Home has lots of quaint knotty pine throughout and a great open floor plan. Updated Harvey windows, vinyl shingle siding, 9x30 sunroom, 11x14 screen porch, architectural shingle roof, nice shed. Electrical is fuses, propane gas parlour heater (condition not known). Shallow well located in front of house. Failed cesspool in rear near deck. With a good clean-up, maintenance and some upgrades you could make it shine again! BRING A FLASHLIGHT, power is off. Being sold with house contents, as is. 3 piece aluminum boat dock stays! Property had been used as a summer camp. May not qualify for most methods of financing. Amazing sunsets from the oversized deck. Enjoy the quiet country getaway yet minutes away from amenities.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017