40 Barnes Hill Rd
About This Property
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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 |
|---|---|---|---|
| Apr 12, 2024 | Sold | ||
| Sold | |||
| Feb 20, 2024 | In contract | - | |
| In contract | |||
| Jan 24, 2024 | Listed by RE/MAX Executive Realty | $699,000 | |
| Listed by RE/MAX Executive Realty | |||
| | |||
|
Welcome to 40 Barnes Hill Rd, Berlin, MA – where modern elegance meets classic charm in this completely renovated ranch home. This tastefully upgraded residence offers the perfect blend of comfort and style. Step inside to discover an open-concept living space flooded with natural light, highlighting the meticulous attention to detail throughout. The newly renovated kitchen boasts sleek Quartz countertops, stainless steel appliances, ample cabinet space, and a coffee bar. The upgrades extend beyond the kitchen, with new hardwood flooring, energy-efficient windows, an updated electrical system, two brand-new bathrooms, recessed lighting, a new HVAC system, and much more. The exterior is equally impressive, with manicured landscaping, new vinyl siding, and a private backyard oasis. Conveniently located in the heart of Berlin and positioned on the corner of a serene cul-de-sac, surrounded by scenic wooded farmlands and in close proximity to the Wachusett reservoir. Don't miss out!
| |||
| Jan 31, 2023 | Sold | ||
| Sold | |||
| Oct 27, 2022 | In contract | - | |
| In contract | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017