256 Lovell 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 11, 2024 | Sold | ||
| Sold | |||
| Nov 19, 2024 | In contract | - | |
| In contract | |||
| Nov 14, 2024 | Listed by Gibbs Realty Inc. | $339,900 | |
| Listed by Gibbs Realty Inc. | |||
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Convenient June Street location near Worcester State University, Hadwen Aboretum, shops and services is this 3BR Ranch/Bungalow-offering opportunity for your improvements to make it your own. Spacious Living Room with hardwoods and high ceilings, Kitchen with Pantry area, 2 Bedrooms – both with hardwoods and big closets-and Full Bath. The hidden gem is the Main Suite with Half Bath, large enough to make this a great room if you don’t need the bedroom space. Walk up attic could offer expansion options and lower level could offer additional living space. Natural Gas heat, Rinnai high efficiency Boiler, roof (10yrs+/-) are in place. Welcome Home!
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| Jul 28, 1997 | Sold | ||
| Sold | |||
| Feb 7, 1997 | Listed by Gibbs Realty Inc. | $105,900 | |
| Listed by Gibbs Realty Inc. | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017