58 Old Belchertown 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 |
|---|---|---|---|
| Jul 12, 2024 | Sold | ||
| Sold | |||
| Jun 6, 2024 | Listed by Executive Real Estate, Inc. | $324,900 | |
| Listed by Executive Real Estate, Inc. | |||
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RUN do not walk to this lovely Cape on the Ware River and enjoy a water front lifestyle. Scenic country road sets the stage for this 1988 Cape, boasting many updates incl brand NEW Septic System, new carpet thruout, many replacement windows & freshly painted thruout (2024). Other updates incl Architectural Roof & Hot wtr tank both replaced in (2017), frig and range were replaced in (2020). Got dogs, want chickens? Lets talk about this huge, flat, WOW semi enclosed yard w/16x10 shed that boasts brand new floor, roof & shingles! Yard completely abuts the river and could be cleared for incredible VIEWS! Located directly off RT 32, just minutes to Quabbin Reservoir(gate 52), Grenville Park, Hardwick Vineyard & Winery, Shopping, Palmer line & Mass Pike for ease of all commuting. Bring your kayaks, fishing poles, fire pit & marshmallows & enjoy country river living! Lets recap! Updates! Location! and Waterfront! This gem won't last, get in before its GONE!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017