794 Colrain Rd
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 |
|---|---|---|---|
| Mar 22, 2023 | Sold | ||
| Sold | |||
| Jan 4, 2023 | In contract | - | |
| In contract | |||
| Dec 21, 2022 | Listed by Coldwell Banker Community REALTORS® | $365,000 | |
| Listed by Coldwell Banker Community REALTORS® | |||
| | |||
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This property presents itself with a world of possibilities. Located in the highly desirable "meadows" of Greenfield, there are over two acres perfect for gardens or animals. There's an in-ground salt water pool, with a convenient pool house and half bath. The two car garage would make an amazing workshop and has enough space above it for a possible accessory dwelling. The house has a lovely circular flow, hardwood floors, replacement windows, a lovely stone fireplace and has been fully insulated in the last few years with Mass Save. The laundry room is conveniently located on the first floor. Upstairs you will find two bedrooms, an updated full bath and a spare room for an office/guests. This home has character and charm and will suit myriad lifestyles. Come see for yourself.
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| Dec 15, 2022 | Temporarily off market | - | |
| Temporarily off market | |||
| Nov 19, 2022 | Price Decreased |
$395,000
↓ $20K
(4.8%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017