83 Powder Mill 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 |
|---|---|---|---|
| Sep 10, 2024 | Sold | ||
| Sold | |||
| Aug 3, 2024 | In contract | - | |
| In contract | |||
| Jul 28, 2024 | Relisted | $259,000 | |
| Relisted | |||
| Jul 20, 2024 | In contract | - | |
| In contract | |||
| Jul 12, 2024 | Listed by Coldwell Banker Realty - Western MA | $259,000 | |
| Listed by Coldwell Banker Realty - Western MA | |||
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Welcome to this beautiful one level living home in an amazing location, directly across the street from schools and the Recreation Center. Also a very short distance to the Rail Trail, Whalley Park, Congamond Lakes, and much more! Don’t miss the opportunity to live in a town with farmland and open spaces, all at an affordable price! As you walk through the front door, you'll be greeted by a cozy living area centered around a wood stove that not only adds warmth but can heat the entire house. Imagine enjoying the winter season with just two cords of wood, keeping the chill at bay without the need to burn up oil! Venture further to discover the home's many updates. The new boiler was installed just last year, and the oil tank and electric panel were upgraded just two years ago. The sealed foundation walls guarantee a dry and stable environment, making this home as practical as it is beautiful. Outside, the property transforms into a gardener's paradise. There will be a brand new septic!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017