403 Springfield St
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 1, 2005 | Sold | ||
| Sold | |||
| Oct 5, 2005 | Listed by Goggins Real Estate, Inc. | $259,900 | |
| Listed by Goggins Real Estate, Inc. | |||
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What a location! Peaceful country setting in Three Rivers yet only minutes to Wilbraham and Ludlow; easy access to Springfield and I-90 to Worcester and points east. Red Bridge boat ramp is just down the road. A spacious, well-maintained ranch sits back from the road among mature trees and scrubs. Features include 3 bedrooms, 2 full baths, fireplace, central air, formal dining, hardwood floors, laundry on 1st floor, full basement, 2-car garage. New windows and roof about 5 years ago.
| |||
| Sep 1, 2005 | Sold | ||
| Sold | |||
| Jul 5, 2005 | Listed by Goggins Real Estate, Inc. | $325,000 | |
| Listed by Goggins Real Estate, Inc. | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017