380 Worcester Rd
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 16, 2020 | Sold | ||
| Sold | |||
| Sep 9, 2019 | Listed by 1 Worcester Homes | $199,900 | |
| Listed by 1 Worcester Homes | |||
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Ranch style home situated in convenient location on Worcester side of Barre. Home was originally purchased using FHA financing so most requires projects done. Ranch style home with kitchen, living room, family room, two bedrooms, and full bathroom on first floor. Second floor has loft style bedroom. Newer roof and town water with town sewer. Low utility bills and pellet stove for supplemental heat to stay with the property. Newer roof in 2014 and great farmers porch on front. Still some work left to do make this your own! Home has large driveway with one car garage under but also a great car cover / storage on side of house. Within walking distance to the UMass Satellite office, 25 minutes to the Worcester and 2 min to all area amenities like pharmacy, hardware store and supermarket. We live in a day and age where the cost of living is so expensive. Take a break from the high cost and enjoy some lower living costs and some free time.
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| Sep 21, 2012 | Sold | ||
| Sold | |||
| Mar 11, 2012 | Listed by William Neylon Real Est. | $71,900 | |
| Listed by William Neylon Real Est. | |||
| Jun 29, 2006 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017