87 Boston Ave
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 |
|---|---|---|---|
| Mar 26, 2025 | Sold | ||
| Sold | |||
| Jan 25, 2025 | In contract | - | |
| In contract | |||
| Jan 23, 2025 | Listed by A & E Realty Company, Inc. | $499,900 | |
| Listed by A & E Realty Company, Inc. | |||
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OPEN HOUSES CANCELLED. SELLER'S ACCEPTED AN OFFER. Brand new construction townhomes in the heart of Worcester! Just finished and ready for you to move right in! Featuring 3 bedrooms, 3.5 bathrooms. Bright & airy with lots of natural light pouring in everywhere you turn. Ground floor features a bedroom, full bathroom & mud room. First floor offers an open concept kitchen & dining space with slider to back deck, a spacious living room. Laundry and half bathroom are also conveniently located on the first floor. Second floor features 2 additional bedrooms & 2 full bathrooms. Every room has it's own full, private bathroom! Making this the perfect opportunity for multi-generational living or friends looking to live together to fire their landlord and start to build some equity here in the wonderful City of Worcester! Constructed with high quality in mind for your peace of mind. Conveniently located close to UMASS, Lake Quinsig, Rt 9, White City, Downtown Worcester & more!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017