214 Old Belchertown 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 |
|---|---|---|---|
| Nov 10, 2025 | Withdrawn | - | |
| Withdrawn | |||
| Sep 24, 2025 | Price Decreased |
$585,000
↓ $15K
(2.5%) | |
| Price Decreased | |||
| Jun 30, 2025 | Price Decreased |
$599,999
↓ $17K
(2.8%) | |
| Price Decreased | |||
| Jun 23, 2025 | Price Decreased |
$617,000
↓ $10K
(1.6%) | |
| Price Decreased | |||
| May 30, 2025 | Listed by Buy Rite Home | $627,000 | |
| Listed by Buy Rite Home | |||
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Beautiful log home near the hills of the Quabbin Reservoir. Two stories, with an enclosed sunroom so you can enjoy the sunlight anytime of the year. Living area is open concept, providing a flexible floor plan when entertaining. There is even a small deck off the front for your morning coffee or to add a hot tub (220 electric already installed and ready.) Work from home offices available either on the first floor or in the 1200 Sq. Ft. basement. Includes 5.5 acres of land with large fenced in areas for kids, pets, or animals. Detached 2 car garage has propane heat and electric AC, and has the makings of a woodworking shop, including built in work surfaces and dust collection piping. This log home has many upgrades, including solar panels, new roof, updated heat pump (with backup propane heat source), new interior paint and chinking, freshly repainted fences, insulated laminate flooring in most of the basement, internet run to garage, and smart light switches and thermostat.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017