314 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 |
|---|---|---|---|
| Dec 17, 2025 | No longer available | - | |
| No longer available | |||
| Oct 15, 2025 | Price Decreased |
$355,000
↓ $23K
(6.1%) | |
| Price Decreased | |||
| Oct 9, 2025 | Price Decreased |
$378,000
↓ $2K
(0.5%) | |
| Price Decreased | |||
| Oct 2, 2025 | Listed by Real Broker MA, LLC | $380,000 | |
| Listed by Real Broker MA, LLC | |||
| | |||
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MOTIVATED SELLER! ALL OFFERS CONSIDERED! This classic Cape offers six rooms, four bedrooms, and one full bath across a flexible layout designed for comfort and convenience. The first floor features an open-plan kitchen and living room, two bedrooms including a main bedroom, and a full bath. Upstairs, two additional bedrooms provide added space for guests, work, or hobbies. Highlights include hardwood floors, newer interior paint, vinyl siding, and the benefit of solar for energy efficiency. Set on a level lot in the desirable Burncoat Street area, the property enjoys close proximity to dining, shopping, UMASS Memorial Health, and Quinsigamond Community College. With quick access to downtown Worcester and major routes including I-90, I-190, I-290, I-395, Route 9, and Route 146, this home combines classic style with everyday practicality in a convenient location.House is currently rented and on lease until March 2026. Rent is $2750 per month.Tenants pay heat and electricity.
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| Jul 25, 2023 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017