337 Wendell Rd
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 10, 2024 | Sold | ||
| Sold | |||
| May 1, 2024 | Listed by LAER Realty Partners | $310,000 | |
| Listed by LAER Realty Partners | |||
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This 1800's Cape was moved from the valley in the1930's wnen the Quabbin Reservoir was constructed. An addition came after that. Here you have some older charm, and more modern improvements. The gardening shed, expansive yard, and patio are perfect for enjoying the outdoors. New Salem is a country town with about 990 residents. It has orchards, a Cidery, The CountryStore and Post Office, and much conservation land, especially with the Quabbin Reservoir! Hiking, bicycling, and especially fishing are part of what makes this town desirable! The highly regarded Swift River School is PreK through 6th grade, followed by Mahar Regional Jr.-Sr. High School, or a nearby trade school. New Salem is a quiet, country place to live! There are not usually many homes for sale here, where there is easy access to Amherst and Northampton, or to Route 2 for points East. See the photos, and Come visit our Open Houses!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017