6 Grassy Pond 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%.
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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 |
|---|---|---|---|
| Jun 7, 2024 | Sold | ||
| Sold | |||
| May 15, 2024 | Listed by Keller Williams Realty North Central | $675,000 | |
| Listed by Keller Williams Realty North Central | |||
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Westminster waterfront on Wyman Pond! In the same family for 70+ years, 6 Grassy Pond Road has been significantly expanded and upgraded. This home is set on a peninsula-like .67 acre lot with a walkout basement leading to a flat yard and 155’ of waterfront and 2 roll-in docks. With a nicely renovated kitchen, den, a spacious living room, 2 bedrooms and a full bath on the first floor, single level living is possible. The living room has an abundance of windows, extending the living and dining area outside. Picture perfect views from newer large windows, with winter views of ski trails at Wachusett Mountain. Full heating system replacement with recent furnace, water heater, oil tank and 2 ductless mini-splits, providing heat and A/C. The main bedroom has a vaulted ceiling, 1/2 bath, and walk-in closet. If you're seeking a year-round getaway, this waterfront home might be the one, just in time for Summer! Showings begin at open houses Friday, 5/17 from 5pm-7pm, Saturday/Sunday 11am-1pm.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017