"COUNTRY CLUB ACRES" Worcester's brand new "Luxury Adult Community"
on 35 plus acres. First floor master suite,Living room with gas
fireplace,2 zone central a/c,1 car garage, guest parking,Hardwoods,
tile bathrooms and kitchen, kohler fixtures, security system +
central vacumm roughed-in, walkout cellar, CLUBHOUSE with exercise
room, card room,internet cafe, gathering room for parties with
kitchen,, possible ATM machine,MODEL under construction. NOW
ACCEPTING UNIT RESERVATIONS! Summer Occupanc
Unit Size
1,900 Ft²
Days on Market
-
Land Size
-
Price per sqft
$193
Property Type
Condo
Property Taxes
-
HOA Dues
$175
Year Built
2005
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Cap Rate Calculator
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Cap Rate
100% Occupancy
N/A (extreme outlier)
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.
Appliances: Range, Dishwasher, Disposal, Microwave, Gas Water Heater, Plumbed For Ice Maker, Utility Connections for Gas Range, Utility Connections for Electric Range, Utility Connections for Electric Dryer
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