61 Airport 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 |
|---|---|---|---|
| Jun 30, 2021 | Sold | ||
| Sold | |||
| Mar 2, 2020 | Listed by Your New Home Mkting | $699,900 | |
| Listed by Your New Home Mkting | |||
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What an opportunity and location. Dudley has a low tax rate and the desire for home owners to downsize and stay in the community. Relocation individuals seeking one level and low maintenance living presents a developer this chance to offer 22 units in proximity to a golf course, walking trails, canoeing, town beach, and a major Lake (Lake Chaubunagungamaug) which is full service for boating , skiing, jet skis. Close proximity to Nichols College and central location with a 1 hour commute to Boston, Providence, and Hartford. A short 30 minute commute to Worcester, with restaurants, Art Museum, several golf courses, train, numerous colleges and coming soon the new Polar Park home to the Worcester Red Sox. A quiet living pace with access to several great ameneties and a 1 hour commute to the casinos.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017