5 Bayberry Drive #5
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 7, 2023 | Sold | ||
| Sold | |||
| Apr 25, 2023 | In contract | - | |
| In contract | |||
| Apr 22, 2023 | Listed by RE/MAX Vision | $185,000 | |
| Listed by RE/MAX Vision | |||
| | |||
|
**Please submit offers by deadline, April 24 at 6pm**Why pay rent when you can own this condo in Worcester, close to Auburn with easy highway access, shopping and golf course. Hardwoods in living area with open floor plan. Kitchen has breakfast bar. Two bedrooms with nice closet space. Each unit has their own locked storage closet in basement that houses furnace, water heater, circuit breakers and laundry hookup.
| |||
| Jan 30, 2004 | Sold | ||
| Sold | |||
| Dec 3, 2003 | Listed by ERA Key Realty Services- Auburn | $134,900 | |
| Listed by ERA Key Realty Services- Auburn | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
04/22/2023
|
2 Bed
|
1 Bath
|
841 ft²
|
$185,000
2 Bed
1 Bath
841 ft²
|
$215,000
+16.22%
07/07/2023
|
Chayan Velez
Cedar Wood Realty Group
| |
|
12/03/2003
|
2 Bed
|
1 Bath
|
1078 ft²
|
$134,900
2 Bed
1 Bath
1078 ft²
|
$134,900
01/30/2004
|
Dawn Bruno
Marguerite Mullaney REALTORS®
| |
|
07/08/2002
|
2 Bed
|
1 Bath
|
852 ft²
|
$115,000
2 Bed
1 Bath
852 ft²
|
$117,000
+1.74%
09/04/2002
|
Ann Marie Damian
Olde Village Realty
| |
|
07/03/1998
|
2 Bed
|
1 Bath
|
900 ft²
|
$59,900
2 Bed
1 Bath
900 ft²
|
$58,000
-3.17%
05/07/1999
|
Dan Robertson
Coldwell Banker Realty - Northborough
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017