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47A Parsons Hill Drive
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 6, 2004 | Sold | ||
| Sold | |||
| Oct 15, 2004 | Listed by Emerson REALTORS® | $180,000 | |
| Listed by Emerson REALTORS® | |||
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Lovely townhouse style attached home in quiet west side neighborhood. All floors replaced 4yrs ago. Oversized back deck has plenty of room for dining and allows for privacy. A neat, well kept home in move-in condition. Convenient to I-290 and downtown Worcester.
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| Feb 15, 2000 | Sold | ||
| Sold | |||
| Jan 3, 2000 | Listed by Central Mass Realty | $79,900 | |
| Listed by Central Mass Realty | |||
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NOW HERE IS THE CLEAR ALTERNATIVE TO OWNING A CONDO! IT'S HALF A HOUSE (DUPLEX), LITTLE YARD WORK WITH HUGE PARTY DECK OPEN CONTEMPORARY CAPE DESIGN WITH GARAGE UNDER. KITCHEN IS OPEN TO LIVING ROOM; FEELS GOOD SIZE, GREAT VIEWS...NO FEES!
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| Nov 21, 1997 | Sold | ||
| Sold | |||
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