63 Parsons Hill Dr
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 25, 2015 | Sold | ||
| Sold | |||
| Aug 1, 2013 | Listed by Keller Williams Realty Greater Worcester | $130,000 | |
| Listed by Keller Williams Realty Greater Worcester | |||
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63 Parsons Hill Drive Worcester is the PERFECT starter home or an ideal rental property for an investor. This spacious and well maintained ranch with many updates is ready for a new owner. Open layout with eat-in kitchen and living room all with recent laminate flooring. Two very spacious bedrooms. Very large ready-to-finish basement if you need more space. Large deck off kitchen and a very manageable yard. Two off-street parking spaces. What else do you need for this "condo alternative price"? Recent windows, water heater, and roof! This house is only 30 years old, and this is a deal when you compare it to what else is available!
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| Nov 30, 2005 | Sold | ||
| Sold | |||
| Aug 24, 2005 | Listed by Keller Williams Realty Greater Worcester | $204,900 | |
| Listed by Keller Williams Realty Greater Worcester | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017