36 Krantz 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 23, 2024 | Sold | ||
| Sold | |||
| Aug 16, 2024 | In contract | - | |
| In contract | |||
| Aug 7, 2024 | Listed by Keller Williams Realty North Central | $159,900 | |
| Listed by Keller Williams Realty North Central | |||
| | |||
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Investors take notice! This property will require a cash buyer. Sold as part of an estate, the foundation at 36 Krantz Road has suspected pyrrhotite (the crumbling foundation issue). The seller has not done, and will not do, any testing, and it’s priced accordingly. It’s an otherwise quite cute 3 bedroom, 1 bathroom cape in Winchendon, built in 1991. The house is sited on .69 acres, situated to the right side of the lot, so a buyer might consider expanding the house, or adding a garage in their future plans, as part of the foundation replacement. Showings begin immediately. Please make offers good through Friday, 8/16 to allow time for estate and attorney review of any offers. Seller reserves the right to accept an offer at any time.
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| Dec 29, 1992 | Sold | ||
| Sold | |||
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