396 Hollis 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 |
|---|---|---|---|
| Jun 27, 2025 | Sold | ||
| Sold | |||
| May 14, 2025 | In contract | - | |
| In contract | |||
| May 8, 2025 | Listed | $449,900 | |
| Listed | |||
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Imagine coming home to this charming Cape-style residence, nestled on a serene level lot with picturesque views of majestic Wachusett Mountain. Recent extensive updates from 2016 and 2017 are too numerous to fully convey – this is a property you need to experience firsthand to truly appreciate its exceptional condition and welcoming ambiance. Inside, discover the warmth of oak floors flowing throughout, leading you to a beautifully appointed kitchen featuring solid wood cabinetry, sleek stainless steel appliances, elegant marble countertops and backsplash, and a charming farmers sink. A unique detached screen house, equipped with its own electric panel, invites outdoor relaxation. Located just a short stroll (0.3 miles) from the inviting Lunenburg town beach and with easy access to Route 2, shopping, verdant parks, and scenic trails, this home offers an idyllic lifestyle in a truly lovely setting.
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| Sep 7, 2016 | Sold | ||
| Sold | |||
| Jun 26, 2016 | Listed by Coldwell Banker Residential Brokerage - Leominster | $85,000 | |
| Listed by Coldwell Banker Residential Brokerage - Leominster | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017