340 Allen 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 17, 2025 | Sold | ||
| Sold | |||
| Sep 9, 2025 | In contract | - | |
| In contract | |||
| Aug 30, 2025 | Listed by Berkshire Hathaway HomeServices Realty Professionals | $299,900 | |
| Listed by Berkshire Hathaway HomeServices Realty Professionals | |||
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Are you looking for a well kept absolutely adorable 2 bedroom cape style home in Belchertown? This home is ready to sell. Conveniently located for easy commuting to the center of Belchertown, Amherst, Granby, Ware, New Salem. New windows and resided with cedar shingles adds to the beautiful curb appeal to this beautifully landscaped yard. Directly behind this almost 1 acre lot, there is a trail leading to the 41 acres owned by the town. This is pure peace and privacy galore. Inside those GORGEOUS wide pine floors in the living/dining combo will take your breath away! Simply stunning. There's a 1st floor bedroom, full bath and fully applianced beautiful kitchen leading to a cozy screened in porch. The 2nd floor completes this home with another bedroom that could also be used as the primary if you choose. Don't wait too long to make your appointment. This home is ready for you!! Showings open up Sept. 6th. Call Today.
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| Jan 5, 2017 | Sold | ||
| Sold | |||
| Sep 6, 2016 | Listed by Canon Real Estate, Inc. | $179,900 | |
| Listed by Canon Real Estate, Inc. | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017