22 Alpha 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 30, 2018 | Sold | ||
| Sold | |||
| Apr 30, 2018 | Listed by Central Mass Evaluations, Inc. | $284,900 | |
| Listed by Central Mass Evaluations, Inc. | |||
| Nov 22, 2017 | Sold | ||
| Sold | |||
| Sep 2, 2017 | Listed | $215,000 | |
| Listed | |||
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Exclusively listed with The Pro's Real Estate Team. For more information contact us at 508-232-7926. Bring your finishing touches to this adorable Holden Cottage. Located Near the Worcester/Holden Line right off Main st on a dead end Road. This house sits on a magnificent and large level lot. This solid home features a great layout with all 3 bedrooms on the second floor and a full bathroom. House is in need of some cosmetic updates but features a new boiler and water heater. There are hardwood floors throughout. An enclosed front porch. A side entry with mudroom. A large detached two car garage with 2nd floor storage or workshop. Priced accordingly for the update needed. Great home for someone with vision and a willingness to put in a little sweat equity. Outdated but not distressed. The manager has listed the unit size as 1076 square feet.
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| Aug 23, 2017 | Listed by Central Mass Evaluations, Inc. | $184,000 | |
| Listed by Central Mass Evaluations, Inc. | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017