57 Amherst Road
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 |
|---|---|---|---|
| Nov 29, 2022 | Sold | ||
| Sold | |||
| Oct 19, 2022 | In contract | - | |
| In contract | |||
| Sep 21, 2021 | Listed by Coldwell Banker Community REALTORS® | $374,000 | |
| Listed by Coldwell Banker Community REALTORS® | |||
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Vintage New England Cape on a 2 acre wooded lot set well back from Amherst Road with ample parking on a circular driveway with detached 1 car garage. Property is in close proximity to Pelham Elementary & Library/Community Center and a 10 minute commute to Amherst Center and Umass. It features a beautiful western view overlooking a lower yard with blueberry and rose bushes. Recent updates include a new roof on both the house and garage & new gutters (2021), hot water heater (2016), newly refinished hardwood floors, freshly painted interior walls in all bedrooms and living spaces, electrical and plumbing updates (2022) and a new complete septic system (2022). Other highlights include aluminum siding, fireplace, seedling starting greenhouse, and walk-in cedar closet. Kitchen is galley style with floor to ceiling pantry, ample cabinetry, new dishwasher (2021) and refrigerator (2022). Bathroom updates have been left for the new owner to add their own personal touch to this charming home.
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| Jul 25, 2005 | Sold | ||
| Sold | |||
| Mar 9, 2005 | Listed by Coldwell Banker Community REALTORS® | $309,900 | |
| Listed by Coldwell Banker Community REALTORS® | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017