21 Richards Way
About This Property
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Cap Rate Calculator
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 |
|---|---|---|---|
| Nov 23, 2022 | Sold | ||
| Sold | |||
| Jun 1, 2022 | Listed by New Space Real Estate, LLC | $499,900 | |
| Listed by New Space Real Estate, LLC | |||
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Welcome to Richards Way, Farmington's newest and most sought after neighborhood! The Boysenberry Cranch is an exceptional ArtForm design. This 1959 square foot house plan offers an open concept layout and a Master Suite on the main level, with 2 bedrooms and a full bath on the second floor. Standard appointments include shaker style cabinets with crown molding, under mount soft close doors and drawers, high efficiency stainless steel appliances, luxury vinyl plank flooring throughout the main living area, carpeting on second floor, Energy Star rated windows, maintenance free exteriors and more! Buyer allowance of $4000 for all counter tops, including vanities. Enjoy your back yard from your 14' x 12' Trex deck. Several upgrades available to buyer. Customize your new home today! Convenient location, close to NH Route 16 and shopping centers.
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| Jun 25, 2021 | No longer available | - | |
| No longer available | |||
| Mar 22, 2021 | Listed | $79,900 | |
| Listed | |||
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| Aug 27, 2020 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017