39 Monterey 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 |
|---|---|---|---|
| Jul 29, 2024 | Temporarily off market | - | |
| Temporarily off market | |||
| Jul 18, 2024 | Price Decreased |
$499,900
↓ $15K
(2.9%) | |
| Price Decreased | |||
| Jun 28, 2024 | Price Decreased |
$515,000
↓ $10K
(1.9%) | |
| Price Decreased | |||
| Jun 20, 2024 | Listed by Media Realty Group Inc. | $525,000 | |
| Listed by Media Realty Group Inc. | |||
| | |||
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This extremely spacious modern cape home features an abundance of windows for a sunny exposure, gleaming hardwoods, updated kitchen and baths all situated in one of the most desirable locations in Worcester. The beautiful kitchen is the heart of the home in this expanded cape offering ample cabinet & counter top space and a breakfast bar that opens to the family room with 2nd staircase leading upstairs! A formal living room and dining room, fully renovated bath & bedroom complete the main level. There are 3 additional over-sized bedrooms and another updated full bath all located on the 2nd floor. The backyard is a place where you will enjoy spending time outdoors complete with an over sized deck and a covered porch for those rainy days where you can entertain or simply relax. The home boasts a 1 car attached garage with an additional over sized detached garage/workshop.
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| Oct 4, 2021 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017