39 Volkmar 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 17, 2017 | Sold | ||
| Sold | |||
| Sep 2, 2017 | Listed | $245,000 | |
| Listed | |||
| | |||
|
Beautifully updated 3 bed, 2 bath Burncoat bungalow. Elegant woodwork and architectural details have been lovingly maintained and thoughtfully renovated. Spacious rooms with 9 foot ceilings and newly refinished hardwoods throughout. Open-concept kitchen/dining area with breakfast bar and stainless steel appliances. Master bedroom features a walk-in closet/changing room. Both bathrooms have been recently renovated. 3-season enclosed front porch and deck overlooking the backyard offer added space to unwind. Move in, relax, and make yourself at home. Walk to neighborhood playground and schools, QCC track and ball fields. Easy access to groceries, restaurants, and shopping. 10 minutes to UMASS and downtown Worcester, 25 minute commute to Metro-West. The manager has listed the unit size as 1391 square feet.
| |||
| Aug 2, 2017 | Listed by Keller Williams Realty Greater Worcester | $245,000 | |
| Listed by Keller Williams Realty Greater Worcester | |||
| Dec 17, 2004 | Sold | ||
| Sold | |||
| Sep 30, 2004 | Listed by Keller Williams Realty Greater Worcester | $239,900 | |
| Listed by Keller Williams Realty Greater Worcester | |||
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