3 Gates 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 |
|---|---|---|---|
| May 2, 2017 | Sold | ||
| Sold | |||
| Oct 10, 2016 | Listed by Realty Executives Boston West | $199,900 | |
| Listed by Realty Executives Boston West | |||
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SELLER IS VERY MOTIVATED!! UNIQUE ANTIQUE CAPE STYLE HOME IN DESIREABLE LOCATION CLOSE TO FRAMINGHAM COUNTRY CLUB AND COMMUTER ROUTES. THIS PROPERTY IS IN NEED OF A CONSIDERABLE AMOUNT OF WORK INCLUDING BEING HOOKED UP TO TOWN SEWER AT BUYERS EXPENSE WHICH THE TOWN STATES IS ON PARKER ROAD. IF YOU ARE A CONTRACTOR OR DEVELOPER OR JUST LOOKING FOR A PROJECT THIS MAY BE YOUR OPPORTUNITY TO GET INTO FRAMINGHAM FOR A GREAT PRICE!! MOST LIKELY WILL BE A CASH BUYER OR 203K REHAB
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| May 17, 2010 | Sold | ||
| Sold | |||
| May 18, 2001 | Sold | ||
| Sold | |||
| Jan 12, 2001 | Listed | $465,000 | |
| Listed | |||
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ELEGANT COLONIAL LOCATED IN COUNTRY CLUB AREA. MARCH DELIVERY. NOT TO LATE TO CHOOSE COLORS & FIXTURES. OVER-SIZED MASTER W/CATH. CEILINGS, W/O BSMT. LOTS OF NATURAL LIGHT. EXPANSION POT. UP TO 4,000 SF. TERRIFIC VALUE
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