39-41 Main St
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 |
|---|---|---|---|
| Nov 22, 2024 | Sold | ||
| Sold | |||
| Oct 25, 2024 | In contract | - | |
| In contract | |||
| Oct 21, 2024 | Listed by OPEN DOOR Real Estate | $629,900 | |
| Listed by OPEN DOOR Real Estate | |||
| | |||
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OFFER ACCEPTED OPEN HOUSE CANCELLED Welcome to this beautifully maintained Antique home, perfectly situated in the heart of downtown Sterling, MA. This unique property features two buildings and is zoned as Town Center, offering a wealth of potential for various uses. The main house is currently configured as a single-family home, with recent renovations to the kitchen and baths, some new windows, and a new roof. It has previously been used as two spacious apartments, with separate heating and utilities still in place for easy conversion. The second building is fully self-contained with its own heating, kitchen, bath, and working fireplace. It boasts a beautifully updated living area with soaring ceilings and an open concept layout that is flexible for many uses. The double lot provides ample parking and a surprisingly large, private backyard. Don’t miss out on this unique property with endless possibilities! Showings will start immediately.
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| Jun 29, 2012 | Sold | ||
| Sold | |||
| Apr 3, 2012 | Listed by OPEN DOOR Real Estate | $329,900 | |
| Listed by OPEN DOOR Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017