256 Central St.
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 25, 2025 | No longer available | - | |
| No longer available | |||
| Aug 22, 2025 | Withdrawn | - | |
| Withdrawn | |||
| Apr 1, 2025 | Listed by Maxfield & Company Real Estate | $1,000,000 | |
| Listed by Maxfield & Company Real Estate | |||
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5.5 acres within 1000 feet of the intersection of I-495 with State Route 62. On the other side of 495 intersection is major development, including The Shops at Highland Commons. Former green house and plant sales with a large single family home and barn. Opportunities and zoning is described in attached zoning code for the Town of Berlin, MA. Please call broker before entering property
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| Jun 30, 2024 | No longer available | - | |
| No longer available | |||
| Mar 3, 2024 | Withdrawn | - | |
| Withdrawn | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017