248 Saint Nicholas Ave.
About This Property
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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 |
|---|---|---|---|
| Apr 24, 2026 | Sold | ||
| Sold | |||
| Mar 18, 2026 | In contract | - | |
| In contract | |||
| Mar 11, 2026 | Listed by The Neighborhood Realty Group | $399,000 | |
| Listed by The Neighborhood Realty Group | |||
| |||
|
Welcome to the highly sought-after Burncoat neighborhood of Worcester, MA! This beautifully updated 3-bedroom, 1-bathroom ranch was fully renovated in 2016 and has been meticulously maintained, offering true move-in-ready condition for its next owners. Situated in a fantastic neighborhood, 248 Saint Nicholas Avenue features a 1-car garage and two driveways, providing ample parking and convenience. One driveway leads directly to the back deck and rear entrance, making everyday living and entertaining even easier. Whether you’re a first-time buyer or looking to settle into a well-established Worcester neighborhood, 248 Saint Nick is ready to welcome its next family home. Offer Deadline: Tuesday 3/17 at 5pm.
| |||
| Apr 4, 2016 | Sold | ||
| Sold | |||
| Mar 1, 2016 | Listed by RE/MAX Signature Properties | $199,900 | |
| Listed by RE/MAX Signature Properties | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017