23 Nipmuck 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 |
|---|---|---|---|
| Sep 6, 2024 | Sold | ||
| Sold | |||
| Jul 23, 2024 | In contract | - | |
| In contract | |||
| Jul 19, 2024 | Relisted | $349,900 | |
| Relisted | |||
| Jul 4, 2024 | Withdrawn | - | |
| Withdrawn | |||
| Jul 1, 2024 | Listed by Michael Toomey & Associates, Inc. | $349,900 | |
| Listed by Michael Toomey & Associates, Inc. | |||
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Charming Lake Wickaboag, West Brookfield seasonal cottage in a great location on approximately 1 Acre of land (42,350SF) and almost 100' of waterfront with a level yard at the water, aluminum dock included (presently out of the water) . The cottage has great views down the lake from either the large deck or the screened in porch. A working fireplace with a wood stove insert to extend your season and a mini split for the hot days. There are 3 bedrooms and 1 full bath and a 1/2 bath with has access only from the outside deck which is great for your lakefront parties This cottage comes complete with the entire contents, so bring your summer clothes and move right in. (only exception is electronics and kayaks). Sold as is, there is a cesspool for septic, which is pumped on a scheduled basis, no testing will be done. Buyer/ buyer agent to perform due diligence. Potential for 4 seasons.There is an easement on the property, attached plan in documents.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017