30 Hillcrest Pl
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 6, 2024 | Sold | ||
| Sold | |||
| Jul 30, 2024 | In contract | - | |
| In contract | |||
| Jul 16, 2024 | Listed by 5 College REALTORS® | $375,000 | |
| Listed by 5 College REALTORS® | |||
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Opportunity knocks! This circa 1900 antique Farmhouse is located in a coveted neighborhood on a dead-end street w/in walking distance of Amherst College & the Town Center. Over the decades this 3 bedroom, 1 bath property with a one car garage has been owner occupied. The .69-acre lot with 198 feet of frontage is four feet too short to create another RN lot. Nevertheless, the current SF lot is likely large enough to permit a duplex addition or to build (up to) a 900-foot Accessory Dwelling Unit (ADU) on its vacant land, once a fertile garden area. Prior owners & current sellers made significant improvements to the property during their ownership: removal of underground oil tank, deactivation/removal of knob & tube wiring, 100-amp electric panel; asbestos removal on basement pipes; pantry expansion off kitchen w/ stackable washer/dryer, replacement of bathroom water feeds; plaster repair & interior painting, ceiling fans, etc. This New England Charmer is worthy of further upgrades.
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| Jul 16, 2021 | Sold | ||
| Sold | |||
| Dec 28, 2018 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017