206 Sterling Rd
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, 2024 | Sold | ||
| Sold | |||
| Mar 16, 2024 | In contract | - | |
| In contract | |||
| Mar 13, 2024 | Listed by RE/MAX Professional Associates | $425,000 | |
| Listed by RE/MAX Professional Associates | |||
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*** Please note: Open House is CANCELLED *** This spacious cape on over an acre is set well off the road, with stone walls and mature landscaping for a nice rural feel. Spend warm evenings on your enclosed back porch overlooking a fenced private backyard. Beautiful hardwood floors and oversized windows throughout the home make a bright and welcoming space. The main floor has a charming vintage kitchen, half bath, formal dining room, and the spacious living room and fireplace - plus access to the screened back porch. Upstairs are three generous bedrooms plus a full bath with shower and soaking tub. Finished walk-out lower level has a nice sitting/family room, laundry, workshop/utility room, and a one-car garage. The oversized detached second garage/workshop/studio is heated and cooled with mini-split system. Updates since 2020 include: new septic; house & garage roofs; paint in & out; well pump, lining, well head, tank; and more. Close to Thomas Prince, Wachusett Mountain, and highways.
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| Jan 7, 2021 | Sold | ||
| Sold | |||
| Nov 6, 2020 | Listed by RE/MAX Prof Associates | $399,900 | |
| Listed by RE/MAX Prof Associates | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017