318 Union 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 |
|---|---|---|---|
| Jun 20, 2024 | Sold | ||
| Sold | |||
| Apr 23, 2024 | Listed by RE/MAX Liberty | $299,900 | |
| Listed by RE/MAX Liberty | |||
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Welcome to your next renovation adventure! This charming 2 BR, 1 BA Bungalow in Gardner MA is awaiting its transformation into a dream home. Perfect for ambitious first-time buyers or savvy investors looking to flip for a profit. The project is already underway with the kitchen boasting updated granite countertops and stainless-steel appliances. Extensive cleanout work has already been done, providing a fresh start. The home’s layout could be customized to suit various needs. Convenient first floor laundry suggests single level living with a generous loft. Or create a luxurious suite on the second floor, all while maintaining an efficient footprint. Beyond the interior, the property’s impressive features include a 2-car garage with 2nd floor storage, a recently paved driveway with ample parking and a fenced area perfect for pets to roam safely. Enjoy scenic views of Baker Brook and Ramsdell Pond. Easy access to Rte 2 for commuters.Visit our open house or make an appointment today!
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| Nov 30, 2018 | Sold | ||
| Sold | |||
| Aug 9, 2018 | Listed by RE/MAX Liberty | $174,900 | |
| Listed by RE/MAX Liberty | |||
| Sep 29, 2006 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017