188 LOT 4 Mendon 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 |
|---|---|---|---|
| Dec 13, 2019 | Sold | ||
| Sold | |||
| Nov 11, 2019 | Listed by Keller Williams Realty Greater Worcester | $175,000 | |
| Listed by Keller Williams Realty Greater Worcester | |||
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LOT 4 READY TO BE BUILT. Build your DREAM House on this 6+ acre lot in the incredible town of Sutton LOT 4. More land is potentially available if interested. The area is private, yet up and coming, and newer homes are being built in the surrounding area. The police station, multiple schools, and town hall are close by. This is an incredible value to build your own design on a flat lot with plenty of space. The included pictures are of homes built by the seller. Lot is ready to go with all approval.
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| Aug 30, 2002 | Sold | ||
| Sold | |||
| Feb 26, 2002 | Listed by RE/MAX Executive Realty | $369,900 | |
| Listed by RE/MAX Executive Realty | |||
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NEW HOME UNDER CONSTRUCTION - FOUNDATION IS IN - READY TO CUSTOMIZE - BUILDER GREAT TO WORK WITH - HARDWOOD & TILE, CROWN MOLDINGS IN LIV & DIN RM, WIDE BASE & DOOR MOLDING, ROUCH A/C & VAC, 6K KITCHEN ALLOWANCE - CALL FOR SPECS
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