260 Amherst 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 |
|---|---|---|---|
| May 6, 2025 | Sold | ||
| Sold | |||
| Apr 19, 2025 | In contract | - | |
| In contract | |||
| Apr 15, 2025 | Listed | $165,000 | |
| Listed | |||
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**OFFER DEADLINE 4:00 Friday 4/18 **Perfect starter home or investment property. Welcome to this charming 1-bedroom ranch, offering 486 sq. ft. of cozy living space on a spacious .92-acre lot. Whether you're just starting out, looking to downsize, or need a perfect spot while attending college, this home has you covered! Set back from Route 9, you’ll enjoy peace and privacy while still being close to everything. There's plenty of off-street parking and a convenient U-shaped driveway for easy in-and-out access. Commuting? The bus stop is just one house away, and you're just a short drive to Amherst—perfect for students and professionals alike. The eat-in kitchen features a separate entrance, ideal to access the yard or a future garden. Enjoy the tiled tub surround in the bathroom, adding a touch of comfort and style. Zoned Limited Business—great for home-based work, a studio, or potential future expansion. Property being sold as is.
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| Oct 14, 2010 | Sold | ||
| Sold | |||
| Apr 6, 2010 | Listed by Coldwell Banker Residential Brokerage - Belchertown | $89,000 | |
| Listed by Coldwell Banker Residential Brokerage - Belchertown | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017