285 Main St
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 1, 2024 | Sold | ||
| Sold | |||
| May 20, 2024 | Listed by Razzano Realty Group | $400,000 | |
| Listed by Razzano Realty Group | |||
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**OFFER DEADLINE SUN 5/26 6P ET** **DECISION TO BE MADE BY TUESDAY 5/28 12P ET** Affordable ranch in a great location on Holden/Worcester line close to 290/190. Finished basement for extra living space and added a full bathroom in 2019. The other upgrades in 2019 include adding a ductless mini split system on the main floor that offers AC and heat, as well as new vinyl siding. Many updates done in 2016 including the roof, exterior electrical service and interior panel, exterior walkway to the front door and oil tank. Kitchen has stainless steel appliances and granite countertops.
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| Dec 9, 2016 | Sold | ||
| Sold | |||
| Oct 19, 2016 | Listed by Razzano Realty Group | $224,900 | |
| Listed by Razzano Realty Group | |||
| Oct 3, 2016 | Sold | ||
| Sold | |||
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