850 Belchertown 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 30, 2015 | Sold | ||
| Sold | |||
| Aug 24, 2014 | Listed by Lumley Real Estate | $469,000 | |
| Listed by Lumley Real Estate | |||
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Lodestone is historically significant as the home of Dr. Charles Eastman, a Santee Sioux who was the first Native American to earn a medical degree, and his wife Elaine Goodale Eastman, author of several books and an early suffragette. An exceptional residence, Lodestone is nestled in a park-like setting on over 10 acres, with open lawns, specimen plantings, mature trees, and a year-round pond. This secluded country home is just minutes from the campuses of Amherst College and the University of Massachusetts. Lodestone exhibits outstanding style and fine architectural details. Superbly appointed yet understated, Lodestone features high ceilings, chestnut woodwork, oak floors throughout; a living room with floor-to-ceiling stone fireplace, formal dining room, 3 bedrooms, including spacious master bedroom with cedar closet, 2 full bathrooms, and 3-season porch. With details too numerous to mention, Lodestone is a retreat that must be experienced. Call today for an appointment
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017