229 May Street
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 15, 2025 | Sold | ||
| Sold | |||
| Jun 3, 2025 | In contract | - | |
| In contract | |||
| May 30, 2025 | Listed | $399,900 | |
| Listed | |||
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Come check out this 4 bedroom, 1.5 bath home located on Worcester's West Side. Centrally located to shops, restaurants and public transportation. New roof in 2025. Updated electrical 2016. Nice size living room with fireplace. Sitting room, sunroom or quite nook, whatever you would like it to be tucked behind the living room. Spacious dining room great for your family get togethers. Upstairs has 4 good sized bedrooms, full bath and a large walk-up attic with plenty of storage space. One car garage under located in back of house with large backyard.
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| Jun 23, 2016 | Sold | ||
| Sold | |||
| Apr 15, 2016 | Listed by Coldwell Banker Residential Brokerage - Worcester - Park Ave. | $179,900 | |
| Listed by Coldwell Banker Residential Brokerage - Worcester - Park Ave. | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017