401 May Street
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 |
|---|---|---|---|
| Jul 12, 2021 | Sold | ||
| Sold | |||
| Jun 25, 2021 | No longer available | - | |
| No longer available | |||
| May 30, 2021 | Listed | $369,900 | |
| Listed | |||
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This is a beautiful 4 bedroom, i full and 2 half bathroom colonial located in the west section of Worcester. Welcoming front porch with composite flooring, gleaming hardwood in every rooms, built in window seating and cabinets and a four seasoned sunroom are some of the great features in this house. The walk up attic, partially finished has a lot extra storage space. Two drive ways, one leading to the shared garage and one on the other side of the house. Very conveniently located to area amenities including universities, restaurants, highways, schools and hospitals. The manager has listed the unit size as 2080 square feet.
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| Oct 13, 2020 | No longer available | - | |
| No longer available | |||
| Sep 18, 2020 | Price Decreased |
$355,900
↓ $4K
(1.1%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017