7 Kiara Drive #LOT2R
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 |
|---|---|---|---|
| Sep 15, 2022 | Sold | ||
| Sold | |||
| Apr 28, 2021 | Listed by Lamacchia Realty, Inc. | $525,000 | |
| Listed by Lamacchia Realty, Inc. | |||
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Welcome to KIARA DRIVE, Worcester’s Newest Premiere Development. Comprising 17 units upon completion this neighborhood offers terrific amenities. Single-Family Duplexes with 2 Car Garages! Loaded with high-end features: gas utilities, central air, and custom eat-in kitchens with granite, crown-molding and quality cabinetry. Energy-Star Stainless Appliances, Recessed Lighting and Hardwood floors round out the exacting details, plus a slider to your private patio! Cathedral Ceiling in Great-Room w/ Palladian windows and hardwood floors. Stunning! Off the Great Room is a bonus room that could be an office, dining, or formal living-room. Tiled guest half-bath is off the kitchen as well. The second story has three bedrooms and the owners suite has a private bath w/ double-sink vanity and granite, with double walk-in-closets! Two more bedrooms share a full bath w/ double-vanity as well. Full Basement ready for finishing. Convenient to Restaurant Row, Whole Foods, UMASS, and public fields.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017