8 Scenic Dr
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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 |
|---|---|---|---|
| Oct 24, 2014 | Sold | ||
| Sold | |||
| Jul 3, 2013 | Listed by Property Partners Real Estate LLC | $150,350 | |
| Listed by Property Partners Real Estate LLC | |||
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SHORT SALE OPPORTUNITY on BEAUTIFUL Westside location, nearto Paxton/Leicester/Worcester LINE, near mini-golf, disc golf, dog park, driving range, playground & local schools. Lovely, well-groomed yard & neighborhood. UNIQUE FLOOR-PLAN. Potential to possibly change the zoning to make a legal 2 family. Finished lower level with full living rm, bath, kitchen, bedrooms & egress. In-law suite in lower level. Separate utilities. Laundry appliances INCLUDED. Open floorplan upstairs - dining to family room. Needs some cosmetics. Fantastic VALUE, here! ***SHORT BEING APPROVED FOR $150,350 NET TO SELLER. SELLER OFFERING $4,650 CONCESSION TO BUYER TOWARDS CLOSING COSTS w/$155,000 Sale Price ***
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| Oct 5, 2009 | Sold | ||
| Sold | |||
| Jun 24, 2009 | Listed by Real Living Barbera Associates | Worcester | $217,900 | |
| Listed by Real Living Barbera Associates | Worcester | |||
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