88 Old Farm 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 |
|---|---|---|---|
| Nov 20, 2024 | Sold | ||
| Sold | |||
| Oct 16, 2024 | In contract | - | |
| In contract | |||
| Oct 7, 2024 | Listed by Berkshire Hathaway HomeServices Realty Professionals | $250,000 | |
| Listed by Berkshire Hathaway HomeServices Realty Professionals | |||
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Check out this charming ranch-style home in the 16 Acres section of Springfield! Enjoy the ease of single-floor living with four bedrooms and convenient laundry all on the main level. The private, fenced-in backyard is perfect for relaxation and outdoor gatherings with inground lawn sprinklers. The exterior features durable vinyl siding, with windows and a roof updated in 2012 (APO). While the interior could use a little TLC—think fresh paint to make it shine again—it has great potential. Additional highlights include an attached one-car garage and a lovely patio and deck in the backyard, ideal for enjoying those sunny days. Don’t miss out on the opportunity to make this home your own!
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| Apr 30, 2007 | Sold | ||
| Sold | |||
| Nov 1, 2006 | Listed by Berkshire Hathaway HomeServices Realty Professionals | $134,500 | |
| Listed by Berkshire Hathaway HomeServices Realty Professionals | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017