40 Fall Dr #40
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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%.
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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 |
|---|---|---|---|
| Jul 13, 2022 | Sold | ||
| Sold | |||
| May 21, 2022 | Listed by Coldwell Banker Realty - Worcester | $625,000 | |
| Listed by Coldwell Banker Realty - Worcester | |||
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READY FOR A TURN KEY SOLUTION & A MOVE IN READY TOWNHOME? FRESHLY PAINTED, BRAND NEW CARPETING, DUCT CLEANING & FURNACE SERVICING! Enjoy country living at its best in quiet end unit located in serene condominium neighborhood. First flr boasts an open concept floor plan, w/hdwd floors in living/dining/kitchen. There's a gas fireplace, cabinet packed kitchen w/ granite counters, stainless steel appliances. 2nd flr has 2 master suites...with new wall to wall carpet along with separate laundry room with washer & dryer included.. 3 FULL & 1 HALF baths w/ceramic tile flrs, granite counters & 1 pedestal sink, Basement bath has walk in shower w/grab bars! The lower level finished basement can be used as guest room, home office or exercise room with storage areas. PERFECT COMMUTER LOCATION!! LOCATED 1/2 mile from RTE 290 - CHURCH STREET EXIT & WITHIN MINUTES TO 495 & 20. THERE'S EVEN A PLAYGROUND ON SITE FOR THE KIDS!
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| Aug 7, 2017 | Sold | ||
| Sold | |||
| Jun 20, 2017 | Listed by Keller Williams Elite | $375,000 | |
| Listed by Keller Williams Elite | |||
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|
Welcome home to 40 Fall Drive at Church St. Village Condominiums in Northborough! This gorgeous condo is just 7 years young and in mint condition. This sun drenched end unit has a wonderful open floor plan ideal for entertaining, large bedrooms with each having it's own private bathroom and a fabulous finished walk out basement with a window bench and built in shelving. This unit features gleaming hardwoods, stainless appliances, granite counters, walk in kitchen pantry, central air, a one car garage, a deck and LOTS of storage! Being an end unit, this unit feels like it has it's own private yard off to the side and there's also a small play area in the cul-de-sac of this street. This is in a great Northborough location with very easy highway access for commuting purposes, a short drive to Davidian's farm stand for fresh produce, ice cream and a petting zoo, yet also a short drive into town for some of the wonderful restaurants found in Northborough.
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| Aug 5, 2011 | Sold | ||
| Sold | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
05/21/2022
|
2 Bed
|
4 Bath
|
2376 ft²
|
$625,000
2 Bed
4 Bath
2376 ft²
|
$625,000
07/13/2022
|
Lisa Bradley
Coldwell Banker Realty - Worcester
| |
|
06/20/2017
|
2 Bed
|
3 Bath
|
2076 ft²
|
$375,000
2 Bed
3 Bath
2076 ft²
|
$386,000
+2.93%
08/07/2017
|
Steve Cunningham
Keller Williams Elite
| |
|
02/08/2010
|
2 Bed
|
3 Bath
|
1580 ft²
|
$285,000
2 Bed
3 Bath
1580 ft²
|
$285,000
08/05/2011
|
Michelle St. Michael
Rhodes Realty Associates
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017