85 Amherst 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 13, 2024 | Sold | ||
| Sold | |||
| Aug 2, 2024 | In contract | - | |
| In contract | |||
| Jul 24, 2024 | Listed by 5 College REALTORS® Northampton | $289,000 | |
| Listed by 5 College REALTORS® Northampton | |||
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Offers due Wednesday, 7/31 by noon. Nestled on a country road, just 10 minutes to Umass and Amherst Center, this sweet cape awaits its new owners. On the first floor you will find a cozy living room, a good sized dining room, large kitchen, a first floor main bedroom with a slider to the backyard and a full bathroom. There is easy access to the oversized deck with a slider off the dining room and another off of the kitchen, a great space to entertain guests, sip your morning coffee, have an afternoon barbecue or gaze at the stars at night. The second floor has two bedrooms, a 3/4 bath and large storage area. The walkout basement provides a quick entrance from the driveway on inclement weather days. Situated on 1 acre, with plenty of sunshine for gardening, this home has beautiful views of the farmland fields across the street and the plush forest behind it. Perfect for any home buyers wanting to build some quick equity with a little vision and TLC.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017