62 Highland Ave
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 |
|---|---|---|---|
| Jul 22, 2014 | Sold | ||
| Sold | |||
| Oct 22, 2013 | Listed by Roche Realty & Associates, LLC | $139,900 | |
| Listed by Roche Realty & Associates, LLC | |||
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Comfortable 5 room ranch style home on low traffic side street. Enclosed porch between house and garage. Large living room and 3 bedrooms with hardwood floors. Ceramic tile flooring in bath. Part finished basement with heat. Nice yard with room for garden. New roof (2013), landscaping (2013) new heating system (2007). Circuit breakers. Easy highway access. This property is located in the Chicopee Center area and is eligible for the Chicopee Neighborhood Development program of up to $5000 in down payment assistance for income eligible first time homebuyers.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017