62 Castine Street
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 |
|---|---|---|---|
| Dec 1, 2023 | Sold | ||
| Sold | |||
| Oct 20, 2023 | In contract | - | |
| In contract | |||
| Sep 14, 2023 | Listed by Coldwell Banker Realty - Worcester | $529,900 | |
| Listed by Coldwell Banker Realty - Worcester | |||
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Welcome to Worcester's newest neighborhood! Malden Woods is an attached single family neighborhood on 9 acres!!! These homes are built with cost-effective construction that is more energy efficient. This building is the first of 15 duplexes. The home is complete and ready for new owner. It is There are 2 other buildings underway and in different stages of construction. Metal front roof, quartz counters, wood flooring, 2 car garages, non fossil fuel Mitsubishi heat/air! Ideal location for commuters, just minutes to routes 190/290. Be a part of everything Worcester has to offer with 10 colleges, an abundance of restaurants, 2 hospitals including Umass, cultural venues with The Hanover Theatre and the Ecotarium, sports with Railers Hockey and both Bravehearts and Woo Sox baseball!
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Address: 335 Madison Avenue, New York, NY 10017