57 Borkum 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 |
|---|---|---|---|
| Aug 27, 2019 | Sold | ||
| Sold | |||
| May 25, 2019 | Listed by ERA Key Realty Services- Spenc | $255,000 | |
| Listed by ERA Key Realty Services- Spenc | |||
| May 18, 2018 | Sold | ||
| Sold | |||
| Dec 30, 2017 | Listed by ERA Key Realty Services- Spenc | $119,100 | |
| Listed by ERA Key Realty Services- Spenc | |||
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Two bedroom Raised Ranch in the rural area of Spencer, MA. Large relatively flat lot consisting of 1.03 acres, located on public maintained road near Styles Reservoir. 2 Rooms ins basement not counted GLA. Needs paint and flooring. Kitchen with sliders to large deck and area for an above ground pool (pool not included). Full Walkout basement. Title 5 passed7. 15 minutes to shopping and all major highways. Plumbing is damaged - water will remain off due to condition. Property to be sold "as is". buyer responsible for smoke cert note: MULTIPLE OFFERS, HIGHEST AND BEST IS DUE BY 1-22-18 BY 5 pm
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017