47 Garrison Avenue
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 |
|---|---|---|---|
| Jul 2, 2025 | Sold | ||
| Sold | |||
| May 15, 2025 | In contract | - | |
| In contract | |||
| May 6, 2025 | Listed | $439,000 | |
| Listed | |||
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Charming Cape in the Sought-After Burncoat Neighborhood! Welcome to this beautifully updated and lovingly maintained 3-bedroom Cape Cod-style home, nestled in one of Worcester’s most desirable neighborhoods. Fully remodeled in 2013 and owned by the same meticulous homeowner since, this residence blends classic charm with modern updates. Step inside to a spacious, light-filled living room featuring a cozy wood-burning fireplace — perfect for New England winters. The first floor also offers a formal dining room, a convenient half bathroom, and a well-appointed kitchen with an adjoining pantry for extra storage and prep space. Upstairs, you’ll find a full bathroom and three generously sized bedrooms, including a spacious primary complete with three closets for ample storage. Enjoy peace of mind with all major systems professionally maintained annually since 2013. Outside, the large backyard and charming patio create an ideal space for relaxing or entertaining. Truly move-in ready!
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| Oct 16, 2013 | Sold | ||
| Sold | |||
| Sep 6, 2013 | Listed by Greyrock Properties | $217,000 | |
| Listed by Greyrock Properties | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017