274 Lancaster Ave
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 |
|---|---|---|---|
| Jan 16, 2025 | Sold | ||
| Sold | |||
| Dec 6, 2024 | In contract | - | |
| In contract | |||
| Nov 13, 2024 | Listed by Coldwell Banker Realty - Western MA | $380,000 | |
| Listed by Coldwell Banker Realty - Western MA | |||
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Enter into this well-maintained spacious Ranch style home located in a highly sought after area of West Springfield. Lovely sunken living room with picture window allowing the natural light to pour in while you cozy up to the wood burning fireplace (wood floors under carpet (APO). Enjoy the efficiency of the kitchen with everything right within your reach. Spacious dining room for all your guests to gather around. Fantastic sunroom leading out to the deck so you can enjoy the views. Primary bedroom boasts gleaming wood floors and full bathroom. Three more great size bedrooms all with ample closet space (wood floors under carpet (APO). The lower level offers you a sprawling room perfect for a game or family room. More storage area and access to the garage. Ease of mind with a new Roof in 2023 (APO) Move right in and start making memories.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017