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43 Richards 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 |
|---|---|---|---|
| Nov 17, 2010 | Sold | ||
| Sold | |||
| May 11, 2010 | Listed by Remax A-Team | $294,000 | |
| Listed by Remax A-Team | |||
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|
Wonderful half acre residential lot on corner of Richards and Killiam Farms. Walking distance to Finn School and public transportation. Great opportunity to build in Southborough. New septic in 2000. Bring you contractors, builders and buyers. House built in early 1800's. Lots of history!!
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| Mar 19, 1999 | Sold | ||
| Sold | |||
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