28 Marengo Park
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 |
|---|---|---|---|
| Aug 6, 2024 | Sold | ||
| Sold | |||
| Jul 3, 2024 | In contract | - | |
| In contract | |||
| May 22, 2024 | Listed by Coldwell Banker Realty - Western MA | $299,000 | |
| Listed by Coldwell Banker Realty - Western MA | |||
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Welcome to 28 Marengo Park, Springfield, MA – where history meets opportunity! This charming historic home boasts 6 bedrooms, 1 full bath, and 2 half baths, offering ample space for comfortable living. The spacious living room and dining room provide the perfect backdrop for gatherings and entertaining. While this gem requires a bit of tender loving care to restore its former glory, the potential is undeniable. Imagine the satisfaction of bringing this piece of history back to life! Complete with a spacious fenced in yard and 2-car garage, this property presents a rare chance to own a piece of Springfield's past while creating your own future. Don't miss out on this exciting Home – schedule a showing today and envision the possibilities!
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| Aug 3, 2017 | Sold | ||
| Sold | |||
| Jun 21, 2017 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017