245 Worcester Ln
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 24, 2024 | Sold | ||
| Sold | |||
| Jun 23, 2024 | In contract | - | |
| In contract | |||
| Jun 19, 2024 | Listed by Engel & Volkers Wellesley | $1,495,000 | |
| Listed by Engel & Volkers Wellesley | |||
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Nestled on the sought after Piety Corner/Lanes line, this 2011 colonial home sits on over 1/2 an acre of professionally landscaped grounds with mature plantings, irrigation, and privacy. The main level offers easy living with a large primary suite off of the rear of the home, including a gorgeous dual vanity bath and large walk-in closet. The main entrance leads you to a sunny and spacious living room with gas fireplace, adjacent to an open kitchen and dining area. Beautiful maple cabinetry, granite counters, and oversized island make this a true chef's kitchen. The second level features three additional bedrooms, all with ample closet space, as well as a large guest bath with plentiful storage. Just a short drive to schools, shopping, commuting routes, trails and conservation land, this location cannot be beat.
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| Apr 4, 2023 | Sold | ||
| Sold | |||
| Mar 15, 2023 | In contract | - | |
| In contract | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017