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6 Palisades St.
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 |
|---|---|---|---|
| Jan 10, 2020 | Sold | ||
| Sold | |||
| Nov 20, 2019 | Listed by Rick McPhee Real Estate | $255,000 | |
| Listed by Rick McPhee Real Estate | |||
| Apr 11, 2012 | Sold | ||
| Sold | |||
| Aug 15, 2011 | Listed by ERA Key Realty Services - Westborough | $174,900 | |
| Listed by ERA Key Realty Services - Westborough | |||
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*** Welcoming & well maintained bungalow on 12,000+ sq ft corner level fenced lot. Recent major improvements include bathrooms, windows, roof, furnace and HW heater. Generous eat in KIT with all appliances, open LR + DR with Hardwoods plus 3 spacious BDRMs and 2 full BA. Cozy enclosed front porch to relax. Backyard offers a detched 1 car GAR with addt'l storage, a separate storage shed plus a small patio area perfect for grilling. Conveniently located. ALL REASONABLE OFFERS CONSIDERED***
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| May 6, 2011 | Listed by Rick McPhee Real Estate | $189,500 | |
| Listed by Rick McPhee Real Estate | |||
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