352 Hill 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 |
|---|---|---|---|
| Sep 6, 2024 | Sold | ||
| Sold | |||
| Jul 19, 2024 | In contract | - | |
| In contract | |||
| Jul 8, 2024 | Listed by Coldwell Banker Realty - Worcester | $550,000 | |
| Listed by Coldwell Banker Realty - Worcester | |||
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BEST AND FINAL DUE WEDNESDAY 7/17 - This three-bedroom, two full bath split ranch is a charming home that has great potential! It is currently in need of some updating but has been well-maintained by its original owners. The house features a full walkout basement, offering the possibility of additional finished living space. The seller believes that the roof is approximately 12 years old, providing peace of mind in terms of durability and protection from the elements. Additionally, the home boasts a new filtration system and a new three-bedroom conventional septic system. Conveniently located close to major routes, this home is an ideal choice for commuters, making daily travel easier and more accessible. With a little updating and personal touches, this home has the potential to become a cozy and comfortable haven for its new owners.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017