242 River 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 |
|---|---|---|---|
| Jun 19, 2019 | Sold | ||
| Sold | |||
| May 2, 2019 | Listed by Gibbs Realty Inc. | $389,000 | |
| Listed by Gibbs Realty Inc. | |||
| Mar 10, 2015 | Sold | ||
| Sold | |||
| Feb 3, 2014 | Listed by Keller Williams Realty Greater Worcester | $317,000 | |
| Listed by Keller Williams Realty Greater Worcester | |||
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Inviting Farmer's Porch, trex & vinyl, leads into this charming home. Oak hardwoods, Open floor plan, Large eat-in kitchen with breakfast bar & granite countertops. Spacious backyard. First floor laundry. Many upgrades in this home.including Central Air, Hydro Air heat, intricate electrical system, hook-up for generator, plumbed for central vac. Idyllic location near Quinapoxet River; fishing, bike/hike/rail trail. Also convenient to highways, schools and shopping. Radon mitigation system.
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| Jul 20, 2009 | Sold | ||
| Sold | |||
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