Affordable resale, subject to 40B guidelines and affordability deed
restrictions. Sale price is fixed and non-negotiable. Must be
owner-occupied. Income and asset restrictions as follows: 1-person
household $56,800, 2-person $64,900, 3-person $73,000, 4-person
$81,100, 5-person $87,600. Household asset limit: $75,000. Complete
applications by eligible applicants received by the Monitoring
Agent by the deadline will be entered into a lottery to purchase.
Mortgage pre-approval required to apply. Application deadline: May
17, 2019. Don't miss this opportunity to own a beautiful 3 bedroom
townhome in Villages at Stow! Great working kitchen with
appliances, dining room, family room with access to deck
overlooking a natural landscape! A half bath completes the main
floor. Three bedrooms and a full bath are on the top floor, 2 car
garage with ample storage also included! Stow is a wonderful
community with fantastic schools! Showings begin at open house,
Saturday, May 4th at 11am. Stop by!
Unit Size
1,206 Ft²
Days on Market
-
Land Size
-
Price per sqft
$175
Property Type
Condo
Property Taxes
$335
HOA Dues
$208
Year Built
2013
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Cap Rate Calculator
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Cap Rate
100% Occupancy
N/A (extreme outlier)
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.
Appliances: Range, Dishwasher, Microwave, Refrigerator, Electric Water Heater, Utility Connections for Gas Range, Utility Connections for Electric Dryer
Flooring Type: Carpet, Laminate
Laundry Features: First Floor, In Unit, Washer Hookup
Rooms: 6
Basement: N
Parking Details
Has Garage
Attached Garage
Parking Features: Under, Garage Door Opener, Garage Faces Side, Off Street, Assigned, Guest, Paved
Garage Spaces: 2
Exterior Details
Entry Level: 1
Year Built Source: Public Records
Year Built Details: Actual
PropertySubType: Condominium
Building Name: The Villages At Stow
Structure Type: Townhouse
Stories (Total): 3
Building Area Units: Square Feet
Window Features: Insulated Windows
Construction Materials: Frame
Patio and Porch Features: Deck
Lead Paint: None
Lot Size Units: Acres
Zoning: I, B
Parcel Number: 4913029
Water Source: Public
Financial Details
Tax Assessed Value: $199,700
Tax Annual Amount: $4,020
Utilities Details
Utilities: for Gas Range, for Electric Dryer, Washer Hookup
Community Features: Shopping, Tennis Court(s), Park, Walk/Jog Trails, Stable(s), Golf, Laundromat, Conservation Area, Highway Access, House of Worship, Public School
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