348 Leominster 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 |
|---|---|---|---|
| May 29, 2026 | Sold | ||
| Sold | |||
| Apr 20, 2026 | In contract | - | |
| In contract | |||
| Apr 6, 2026 | Listed by Coldwell Banker Realty - Leominster | $549,900 | |
| Listed by Coldwell Banker Realty - Leominster | |||
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***Showings start at open house Sunday 4/12. 12:00pm-1:30pm*** Single family with IN-LAW. Use as single family or In-law! Wonderful opportunity offering an In-law apartment with its own entrance. First floor eat-in kitchen off the breezeway, 2 bedrooms, large living room with hardwood floors and fireplace, full bath, and screen porch off the living room. In-law with good size bedroom, eat-in kitchen, living area, and full bath. Lower level offers an additional bonus room with fireplace and storage, Close to the center of town and highway access. Town water-sewer and several updates including a newer driveway and recent roof on garage and porch. Immaculate property!
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| May 21, 2021 | Sold | ||
| Sold | |||
| Jan 27, 2021 | Listed by Coldwell Banker Residential Brokerage - Leominster | $330,000 | |
| Listed by Coldwell Banker Residential Brokerage - Leominster | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017