6 Memorial Drive
About This Property
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Cap Rate Calculator
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 3, 2004 | Sold | ||
| Sold | |||
| Jul 19, 2004 | Listed by RE/MAX First Choice R. E. | $325,000 | |
| Listed by RE/MAX First Choice R. E. | |||
| Nov 19, 2001 | Sold | ||
| Sold | |||
| Aug 8, 2001 | Listed by Coldwell Banker Realty - Framingham | $259,900 | |
| Listed by Coldwell Banker Realty - Framingham | |||
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WONDERFULLY MAINTAINED HOME W/NEW ROOF IN SOUGHT-AFTER NORTHBORO! QUIET CUL-DE-SAC LOCATION W/PRIV BACK YRD. COM- PLETELY RENOV-1990 W/UPDATED BTHS, KIT, FR. HDWDS IN KIT & DINING AREA. NEW APPL, STOR SHED & DECK. 1C GAR. WALK TO PRK
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