258 Leominster Road
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 |
|---|---|---|---|
| Feb 25, 2019 | Sold | ||
| Sold | |||
| Nov 19, 2018 | Listed by Realty Vision | $389,000 | |
| Listed by Realty Vision | |||
| Dec 19, 2017 | Sold | ||
| Sold | |||
| Jul 30, 2017 | Listed | $129,900 | |
| Listed | |||
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Attention Contractors, Rehab Enthusiasts, or Handy-persons this Renovation project with 3 bedrooms and 2 full baths is for you! Great Exposure for this 2 Story Antique Colonial, Great commuter location, close to 190 and approximately halfway between Leominster and Worcester on Rt. 12. Buyer to check/gain approvals with Town for all possible uses and/or conversion to commercial, if desired. Title V is Buyers Responsibility and expense. FHA 203K may be a possibility. Original Beehive Oven still preserved in kitchen. Some Electrical upgrades. New water meter. SOLD AS-IS. Buyer to do all Due Diligence.The manager has listed the unit size as 1584 square feet.
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| Jun 2, 2017 | Listed by Realty Vision | $129,900 | |
| Listed by Realty Vision | |||
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