Opt 3 North Brookfield Road
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 |
|---|---|---|---|
| Oct 18, 2022 | Sold | ||
| Sold | |||
| Jan 19, 2022 | Listed by ERA Key Realty Services - Worcester | $489,900 | |
| Listed by ERA Key Realty Services - Worcester | |||
| Jan 27, 2016 | Sold | ||
| Sold | |||
| Jul 15, 2015 | Listed by Holden Realty Inc. | $39,900 | |
| Listed by Holden Realty Inc. | |||
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Mix of open field and woods. This lot slopes gently up from the road. Lots of new construction throughout this area. 20 minutes to Worcester, land is surveyed and recorded. Abutting lot available - (Lot #4 MLS# 71874478) which is also 3.5 Acres (buy both for an estate sized lot and 600' of frontage). Deer, turkey, moose and horses are your neighbors!
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| Sep 18, 2007 | Sold | ||
| Sold | |||
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