42 Eight Lots Rd.
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 15, 2014 | Sold | ||
| Sold | |||
| Mar 12, 2014 | Listed by Keller Williams Realty Westborough | $545,000 | |
| Listed by Keller Williams Realty Westborough | |||
| Mar 26, 2011 | Listed by Coldwell Banker Residential Brokerage - Worcester - Park Ave. | $599,000 | |
| Listed by Coldwell Banker Residential Brokerage - Worcester - Park Ave. | |||
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Quality craftsmanship throughout! Walk to the center of town/schools from this sun-filled, young 3200 square foot colonial that sits on 10+ acres of land (w/ walking trails) and abuts state conservation land. The custom built home has four generous bedrooms, gleaming hardwood (birch) floors, a gourmet kitchen, 9' ceilings, energy efficient Marvin windows and doors, and 3 zones of Hydro Air and A/C. Enjoy the magnificent scenery from the wrap around mahogany porch and mahogany deck.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017