296 Burncoat Street
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 |
|---|---|---|---|
| Sep 5, 2025 | Sold | ||
| Sold | |||
| Jul 9, 2025 | In contract | - | |
| In contract | |||
| Jul 2, 2025 | Listed by The Neighborhood Realty Group | $520,000 | |
| Listed by The Neighborhood Realty Group | |||
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This exceptional five-bedroom, two-bathroom Craftsman Bungalow spans 2,475 square feet of thoughtfully designed living space in Worcester's desirable Burncoat neighborhood. The beautifully updated kitchen serves as the heart of the home, featuring modern finishes that blend seamlessly with the property's character. A welcoming fireplace creates an inviting atmosphere for gatherings, while abundant space throughout accommodates various lifestyle needs. The fenced-in yard provides privacy and security, perfect for outdoor entertaining or relaxation. Quality construction is evident in every detail, reflecting careful maintenance and pride of ownership. Green Hill Park offers nearby recreational opportunities and the established neighborhood combines residential tranquility with urban accessibility, positioning residents within reach of Worcester's cultural attractions and transportation options including the train station.
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| May 4, 2021 | Sold | ||
| Sold | |||
| Mar 3, 2021 | Listed by RE/MAX Vision | $355,000 | |
| Listed by RE/MAX Vision | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017