244 Davis Rd #LOT3
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 |
|---|---|---|---|
| Dec 10, 2024 | Sold | ||
| Sold | |||
| Aug 16, 2024 | In contract | - | |
| In contract | |||
| Jul 23, 2024 | Listed by Coldwell Banker Realty - Leominster | $1,193,000 | |
| Listed by Coldwell Banker Realty - Leominster | |||
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Welcome to your dream retreat. This new construction luxury home offers the epitome of modern comfort & style, situated on a sprawling 3-acre lot. Step into elegance w/ 9-foot ceilings gracing the main level, highlighting the spacious 2-story family room w/ gas fireplace. The 1st floor master suite provides a tranquil oasis, boasting privacy & convenience. Entertain effortlessly in the gourmet kitchen, adorned w/ gleaming granite countertops & stylish backsplash, complementing the hardwood floors that flow throughout the home. The expansive deck invites outdoor relaxation, ideal for enjoying the vast surroundings. With 4 bedrooms & 4.5 baths, study, & an oversized 3-car garage with bonus room above, this residence caters to every need w/ luxury & sophistication. Enjoy nearby recreational opportunities at Wachusett Mountain with hiking and skiing, or swimming at Crocker Pond, ensuring every day is filled w/ adventure. Desirable school system is a bonus.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017