65 Osgood 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 |
|---|---|---|---|
| Aug 9, 2024 | Sold | ||
| Sold | |||
| Jul 9, 2024 | In contract | - | |
| In contract | |||
| Jul 3, 2024 | Listed by LandVest, Inc. | $550,000 | |
| Listed by LandVest, Inc. | |||
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This 46.27 ac property is subject to a permanent Conservation Restriction(CR) on 44 ac of the property with a 2.27 acre area excluded from CR as a location in the north west corner for a building lot. Property abuts the Wachusett Watershed protected land along its northern border. The 44 ac consists of 19 ac of fields balance in forests. CR allows for farming & forestry and the construction of sheds and other buildings required for the stewardship of the land subject to the CR holders permission. The CR is held by the town of Sterling and requires the fields to be maintained in an open condition & not be neglected for more than a two year period. There is a well in place in the building area and a perk test was completed, but will need to be renewed. Fields divided into five areas on the property and are currently growing hay. Osgood Road is known for the terrific views to the west as well as the east. Excluded 2.27 ac found at Book 69870 Page 1, CR found at Book 70034 Page 95.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017