75 Mechanic St
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 11, 2024 | Sold | ||
| Sold | |||
| Jul 1, 2024 | In contract | - | |
| In contract | |||
| Jun 13, 2024 | Listed by Dolan O'Rourke Real Estate Services, LLC | $299,000 | |
| Listed by Dolan O'Rourke Real Estate Services, LLC | |||
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Welcome to 75 Mechanic Street, Spencer! This charming 3-bedroom, 2-bathroom single-family residence perfectly blends classic character and modern convenience. Enjoy peace of mind with a roof replaced in 2019, low-maintenance vinyl siding added in 2020, and comprehensive weatherization completed in 2023. The spacious living areas are perfect both for relaxing and entertaining. Full bathrooms on each level add convenience. This home is close to local amenities, schools, and parks. Don't miss your chance to own this well-maintained gem in Spencer!
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| May 4, 2018 | Sold | ||
| Sold | |||
| Feb 12, 2018 | Listed by Dolan O'Rourke Real Estate Services, LLC | $59,900 | |
| Listed by Dolan O'Rourke Real Estate Services, LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017