8-3 Ellie Way
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 |
|---|---|---|---|
| Dec 9, 2019 | Sold | ||
| Sold | |||
| Jul 11, 2019 | Listed by Sposato Realty Group | $125,000 | |
| Listed by Sposato Realty Group | |||
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Builders take notice! This opportunity doesn't happen often in Worcester. Just over 1/2 acre lot at the end of a cul de sac on College Hill. ANR lot. Property is partially cleared as has a gentle slope. Build your dream home! should accommodate a large single family house with a walk out basement. This street is all very recent construction colonial and split level homes. Underground electric and water at the street. Feel free to do a drive by. Property is partially located in both the City of Worcester and the Town of Auburn. Please contact the list agent if you would like to walk the property and ask any questions.
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| Dec 29, 2008 | Sold | ||
| Sold | |||
| Jan 25, 2008 | Listed by 1 Worcester Homes | $339,900 | |
| Listed by 1 Worcester Homes | |||
| Aug 17, 2007 | Sold | ||
| Sold | |||
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