51 Spofford Rd
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 |
|---|---|---|---|
| Sep 27, 2024 | Sold | ||
| Sold | |||
| Aug 28, 2024 | In contract | - | |
| In contract | |||
| Aug 22, 2024 | Listed by Today Real Estate, Inc. | $350,000 | |
| Listed by Today Real Estate, Inc. | |||
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Charming Bungalow in Quinsigamond Village, excellent commuter location!! This 3-bedroom, 1-bathroom home offers a comfortable living space. The full bathroom has been tastefully updated. Upstairs, you will find two generously sized bedrooms with plenty of closet space. The home also includes a large shed, a full basement with laundry, a deck off of the kitchen, new roof, and a private backyard ideal for outdoor activities. Located just minutes from downtown Worcester, this home offers easy access to local schools, parks, and major highways. Don’t miss out on the opportunity to own this charming home in a prime location.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017