401 Petersham Road
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 |
|---|---|---|---|
| Sep 9, 2026 | Listed by Keller Williams Gateway Realty/Salem | $349,000 | |
| Listed by Keller Williams Gateway Realty/Salem | |||
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Motivated sellers! Year-round waterfront living on beautiful Lake Ellis! Set on 0.59 acres with 160' of lake frontage, this charming Cape offers the opportunity to create your own private lakeside oasis. Enjoy boating, fishing, kayaking, swimming, or simply relaxing by the water from your own backyard. Features include a desirable first-floor bedroom, fresh interior paint, a HearthStone wood stove, and solar installed within the last two years with the roof replaced at the time of installation to help offset the fully electric home. Outside you'll find an in-ground pool, detached garage, and a spacious yard with endless possibilities to transform this property into the waterfront retreat you've always envisioned. Conveniently located minutes from Route 2 and close to hiking, golf, shopping, restaurants, and all the outdoor recreation the North Quabbin region has to offer.
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| Aug 20, 2026 | Price Decreased |
$349,000
↓ $10K
(2.8%) | |
| Price Decreased | |||
| Aug 4, 2026 | Price Decreased |
$359,000
↓ $16K
(4.2%) | |
| Price Decreased | |||
| Jul 16, 2026 | Listed by Keller Williams Gateway Realty | $374,900 | |
| Listed by Keller Williams Gateway Realty | |||
| Jul 31, 2024 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017