242 Breakneck 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 18, 2024 | Sold | ||
| Sold | |||
| Sep 25, 2024 | In contract | - | |
| In contract | |||
| Sep 9, 2024 | Relisted | $324,900 | |
| Relisted | |||
| Sep 5, 2024 | In contract | - | |
| In contract | |||
| Aug 26, 2024 | Listed by Century 21 North East | $324,900 | |
| Listed by Century 21 North East | |||
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A charming home located a stone's throw from the Sturbridge town line on a private and rural lot. Property is walking distance from Westville Dam recreation area. Many updates include newer windows, insulation, and brand new drywall in the sun room (perfect for dining, a mud room or an office). Kitchen appliances, light fixtures, ceiling fans, furnace, water heater, well and water pump, septic system, electric panel, and blown in insulation from Mass Save have all been updated within the last 10 years. Washer and dryer were purchased 2023 and convey with home. Enjoy the peace of mind that comes with knowing many of the home’s systems are newer and up to date on servicing, and finish up a few cosmetic updates to your liking. Sellers are happy to offer a $2,000.00 concession at closing towards new flooring!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017