345 Springfield 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 6, 2021 | No longer available | - | |
| No longer available | |||
| Nov 20, 2020 | Sold | ||
| Sold | |||
| Sep 11, 2020 | Listed by Neilsen Realty LLC | $360,000 | |
| Listed by Neilsen Realty LLC | |||
| | |||
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Newly built 2 or 3 bed home on just over an acre in Belchertown. This home was built for comfort with each detail being well thought out. Beautiful, open kitchen/living/dining area, great for entertaining or a cozy evening at home. From the high end appliances to the quartz countertop to the cherry wood flooring throughout the entire house, this home is all about the details. Interior shed space allows the large 2 car garage to remain free of extra clutter of lawn equipment, etc. Apprx 200+/- sq ft additional space in basement is framed out, insulated and ready to be finished to your taste and needs. Sit out and enjoy the sun on the spacious back deck or enjoy a rocker with friend or family on the comfy front porch. This home also includes great outdoor space, whether you need grassy space to play or a large shed/barn to do a project. Don't miss taking a look at the opportunities this home has to offer.
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| Aug 28, 2020 | In contract | - | |
| In contract | |||
| Jul 12, 2020 | Relisted | $360,000 | |
| Relisted | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017