62 Nelson Pl
About This Property
Payment Calculator
Your Estimated Monthly Payment
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 |
|---|---|---|---|
| Oct 16, 2024 | Sold | ||
| Sold | |||
| Sep 5, 2024 | In contract | - | |
| In contract | |||
| Aug 31, 2024 | Listed by Coldwell Banker Realty - Worcester | $340,000 | |
| Listed by Coldwell Banker Realty - Worcester | |||
| | |||
|
One level living on nearly an acre lot close to Nelson Place School, Eagle Lake Park, highway access and conveniences. Low maintenance vinyl siding, young roof and natural gas heat (1998) and gas hot water tank (2019). As you enter, there is a fireplaced living room that flows nicely to the dining room with an open floor plan. The kitchen offers sliders to a deck and access to the outside. The den ( a former deck) connects the garage to the home. There are 4 bedrooms, including a primary that has plumbing for a half bath that has been removed to add laundry hook-ups. Currently the garage has been used for storage, and it contains the utilities, a work bench and some cabinetry that will remain. Be a part of everything Worcester has to offer with its 10 colleges, 2 hospitals and UMASS Medical School, cultural venues including the Hanover Theatre, sports with Railers Hockey, and both Bravehearts and Woo Sox baseball!
| |||
| Aug 28, 1991 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017