87 Prairie St
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 18, 2024 | Sold | ||
| Sold | |||
| Jul 5, 2023 | Withdrawn | - | |
| Withdrawn | |||
| Apr 1, 2023 | Listed by RE/MAX Innovative Properties | $950,000 | |
| Listed by RE/MAX Innovative Properties | |||
| | |||
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Unique opportunity in West Concord to work with builder to customize and design your dream home! House is being sold AS IS with builder tie-in on cost plus basis to renovate existing and new construction addition per proposed plans or per your own. Opportunities are endless to customize the layout to your needs and include open kitchen and living areas, first floor bedroom or primary suite and 3 bedrooms on 2nd floor. Existing home has great character and features to be preserved as part of renovation/addition and all finishing touches and selections are your own. Nice corner lot in one of West Concord’s most desirable neighborhoods, close to Thoreau School, Cousin’s Park, and vibrant West Concord Village. List price does not include cost for renovations/addition. Town Water, Sewer and Natural Gas in Street.
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| Jul 18, 2022 | Sold | ||
| Sold | |||
| May 4, 2022 | Listed by RE/MAX Innovative Properties | $799,000 | |
| Listed by RE/MAX Innovative Properties | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017