27 Bayberry Drive #27
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%.
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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 17, 2012 | Sold | ||
| Sold | |||
| Oct 28, 2011 | Listed by RE/MAX Vision | $119,000 | |
| Listed by RE/MAX Vision | |||
| | |||
|
Fabulous Loft style condo. Open spacious layout with cathedral ceilings. Loft area serves as second bedroom (minus the closet) or awesome in home office space. Stainless steel appliances. Basement can be utilized for exercise room, storage or media room.
| |||
| Mar 8, 2011 | Sold | ||
| Sold | |||
| May 2, 2010 | Listed by Coldwell Banker Realty - Worcester | $119,000 | |
| Listed by Coldwell Banker Realty - Worcester | |||
| | |||
|
ONE OF THE NICEST and LARGEST 1 BEDROOM CONDOS IN WORCESTER! EXTREMELY AFFORDABE,TOO! OPEN AND SPACIOUS LAYOUT WITH SOARING CATHEDRAL CEILINGS. UPDATED KITCHEN WITH STAINLESS STEEL APPLIANCES. UPDATED FULL BATH, AS WELL! CHECK OUT THE ROOM SIZES IN THIS CONDO. THE LOFT AREA COULD BE ANOTHER BEDROOM OR A TERRIFIC OFFICE. THE BASEMENT (24 BY 22!) IS AN EXCELLENT PLACE FOR TONS OF EXERCISE EQUIPMENT OR A HUGE PLAYROOM.
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| Jun 28, 2002 | Sold | ||
| Sold | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
10/28/2011
|
2 Bed
|
1 Bath
|
1624 ft²
|
$119,000
2 Bed
1 Bath
1624 ft²
|
$119,000
04/17/2012
|
Lisa Benway
RE/MAX Vision
| |
|
05/02/2010
|
1 Bed
|
1 Bath
|
1624 ft²
|
$119,000
1 Bed
1 Bath
1624 ft²
|
$108,000
-9.24%
03/08/2011
|
Kim McCrohon
Coldwell Banker Realty - Worcester
| |
|
08/23/2007
|
1 Bed
|
1 Bath
|
1624 ft²
|
$129,900
1 Bed
1 Bath
1624 ft²
|
$125,000
-3.77%
12/20/2007
|
Sue-Anne Bock
RE/MAX Vision
| |
|
05/29/2002
|
2 Bed
|
1 Bath
|
1100 ft²
|
$109,900
2 Bed
1 Bath
1100 ft²
|
$109,900
06/28/2002
|
Christopher Kelly
Century 21 Parent Associates
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017