4498 High 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 |
|---|---|---|---|
| Jun 1, 2026 | Sold | ||
| Sold | |||
| Apr 16, 2026 | In contract | - | |
| In contract | |||
| Apr 8, 2026 | Price Decreased |
$289,000
↓ $11K
(3.7%) | |
| Price Decreased | |||
| Apr 1, 2026 | Listed by Real Broker MA, LLC | $300,000 | |
| Listed by Real Broker MA, LLC | |||
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Seize this opportunity to score this adorable ranch in the Thorndike area of Palmer! This home would be perfect for 1st time buyers or those looking to move into a more simplified and turnkey space! This 3-bedroom, 1-bath home sits on a .38-acre lot and offers easy one-level living with abundant natural light. Recent updates include mini splits (2025), laminate and vinyl flooring (2023–2024), remodeled bathroom (2025), insulated vinyl replacement windows (2023), and new insulated exterior doors (2025). Mass Save improvements in 2023 added insulation and weatherization for energy efficiency. Kitchen features newer stainless steel appliances. Conveniently located not far from Mass Pike access—great for commuters!
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| Aug 19, 2022 | Sold | ||
| Sold | |||
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