8 Drummond Ave
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 |
|---|---|---|---|
| May 30, 2024 | Sold | ||
| Sold | |||
| Mar 24, 2024 | In contract | - | |
| In contract | |||
| Mar 21, 2024 | Listed by RE/MAX Executive Realty | $299,000 | |
| Listed by RE/MAX Executive Realty | |||
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OPEN HOUSE CANCELLED, OFFER ACCEPTED. Beautifully maintained ranch in one of Worcester's most sought after neighborhoods! One family has occupied this home since it was built, and pride of ownership truly shows! The gleaming hardwood floors combined with an open concept, well before its time, make this home one of a kind. Fire up the grill on your private, covered porch in rain or sunshine and entertain all summer long! The high ceilings in the basement make for endless possibilities of expansion. Perfect commuter location and top ranked Worcester school systems. Schedule your private showing today!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017