70 Olmsted Drive
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 17, 2024 | Sold | ||
| Sold | |||
| Aug 7, 2024 | In contract | - | |
| In contract | |||
| Jul 8, 2024 | Listed by Berkshire Hathaway HomeServices Realty Professionals | $371,900 | |
| Listed by Berkshire Hathaway HomeServices Realty Professionals | |||
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Discover the charm of this Old Style Colonial home, nestled on a tree-lined street just minutes from Forest Park in Springfield and near the Longmeadow line, the home offers easy access to small businesses, specialty stores, and a diverse array of restaurants. This home boasts numerous updates, including new siding, roof, windows, a dishwasher, and upgraded electrical. The interior is freshly painted, and the hardwood floors have been beautifully refinished. The first level features a cozy front library/office, a living room with a charming fireplace, a formal dining room, an eat-in kitchen, a powder room, and a rear enclosed porch. Upstairs, you'll find three spacious bedrooms and a partially remodeled full bath. The primary suite includes an enclosed balcony, providing a private retreat. Spacious Fenced yard, ideal for outdoor entertaining & privacy and 2-car garage. Experience the perfect blend of historic charm and modern convenience in this beautifully updated Colonial home.
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| Sep 12, 2022 | Sold | ||
| Sold | |||
| Aug 5, 2022 | Listed by Berkshire Hathaway HomeServices Realty Professionals | $285,000 | |
| Listed by Berkshire Hathaway HomeServices Realty Professionals | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017