29 Sherburne 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 |
|---|---|---|---|
| Nov 2, 2023 | Sold | ||
| Sold | |||
| Oct 20, 2023 | In contract | - | |
| In contract | |||
| Oct 19, 2023 | Listed by Coldwell Banker Realty - Northborough | $105,000 | |
| Listed by Coldwell Banker Realty - Northborough | |||
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Attention Builders! Only lot left remaining on the street waiting to be developed. Located on a non-thru street with Indian Head Lake at the end. Public Water & Sewer at the street. Zoned RG-5. Possibilities are: Single Family, Two Family, or Two Single Family Attached Dwellings, pending permit approval by Buyer. Close to I-290, shopping and restaurants.
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| May 5, 2010 | Listed by Coldwell Banker Residential Brokerage - Worcester - Park Ave. | $234,900 | |
| Listed by Coldwell Banker Residential Brokerage - Worcester - Park Ave. | |||
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NEW CONSTRUCTION! Single Family Attached Home with Three Bedrooms~Two Full Baths~Large Living Area~Dining Room with Sliding Door to Back Deck~Two Car Garage~Second Floor Laundry~Gas Heat~City Water & Sewer~All this in a convenient residential area of well maintained homes on a dead end street with water views of Indian Lake and easy highway access.
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| Sep 21, 2006 | Sold | ||
| Sold | |||
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