83 Hobbs Road
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 |
|---|---|---|---|
| Jun 14, 2024 | Sold | ||
| Sold | |||
| May 2, 2024 | Listed by Central Mass Real Estate | $599,900 | |
| Listed by Central Mass Real Estate | |||
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Many recent upgrades including 200 amp panel, propane fireplace, flooring, plumbing, etc. This spacious home sits on a beautifully landscaped corner lot with easy access to highways, commuter rail, and Princeton's top rated school system. Direct access to over 4,000 acres of conservation land & trail system just outside your front door. Multi-generational / flexible floor plan, 1st floor master bedroom suite with walk-in shower, walk-in closet, sunroom, and deck. Living room with floor to ceiling windows, propane fireplace, sliders to deck overlooking the forest, & exposed natural beams. 2nd floor has bedroom w/ bathroom en suite, interior/exterior balconies, walk-in closets, office, & screened porch overlooking the property. Finished walkout basement/family room w/ wood stove, bathroom/laundry, and interior access to oversized 2-car garage. 3rd floor can be finished or used as ample storage. This home must be seen in person to be fully appreciated. Open House Sat May 4th, 12-2pm.
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| Mar 1, 2024 | No longer available | - | |
| No longer available | |||
| Dec 20, 2023 | Relisted | $644,900 | |
| Relisted | |||
| Dec 12, 2023 | In contract | - | |
| In contract | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017