385 Farm Rd.
About This Property
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Cap Rate Calculator
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 8, 2021 | Sold | ||
| Sold | |||
| Aug 17, 2021 | Listed by Houde Real Estate | $449,900 | |
| Listed by Houde Real Estate | |||
| Dec 19, 2016 | Sold | ||
| Sold | |||
| Oct 22, 2015 | Listed by Keller Williams Realty Greater Worcester | $323,999 | |
| Listed by Keller Williams Realty Greater Worcester | |||
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MOTIVATED SELLER............BRING YOUR CHECK BOOK.......YOU DON'T WANT TO MISS THIS ONE,.JUST PACK YOUR BAGS AND MOVE IN, LOVELY THREE BEDROOM SPLIT ENTRY,GLEAMING HARDWOOD FLOORS.........ALL ROOMS FRESHLY PAINTED, EAT IN KITCHEN, THREE SEASON PORCH, NEW VINYL SIDING, NEW WINDOWS,LARGE FAMILY ROOM WITH FIREPLACE, BONUS ROOM FOR OFFICE OR GUEST, GARAGE, CORNER LOT, AND PLENTY OF PRIVACY,PLENTY OF PARKING,, AND LOTS MORE........
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