36
Map
88-90 Westminster
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%.
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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.
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Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
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Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 17, 2026 | Price Decreased |
$357,000
↓ $25K
(6.5%) | |
| Price Decreased | |||
| Oct 31, 2025 | Listed by BHG Masiello Keene | $382,000 | |
| Listed by BHG Masiello Keene | |||
| Mar 28, 2024 | Sold | ||
| Sold | |||
| Dec 5, 2023 | Listed by Berkley & Veller Greenwood Country | $219,000 | |
| Listed by Berkley & Veller Greenwood Country | |||
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One-in-a-lifetime opportunity to own this beautiful colonial located at the southern gateway to Bellows Falls Village, at 88-90 Westminster Street. Most recently home to Massucco and Stern law offices, it is said that there have been only three owners since 1836. What use would you offer as its FOURTH owner? Would you continue using in some commercial endeavor, or would you return it to residential use and avail yourself of the Vermont Housing Improvement Program (VHIP) grants of up to $50,000 per unit to create new, and desperately needed, housing?? This stately colonial received an extensive exterior make-over in 1990 and subsequently was awarded the “Old House Award for Commercial Property” by the Rockingham Historic Preservation Commission. Over 4,500 SF of finished space on three levels. 15 rooms, plus 4 bathrooms, and a full basement. Hardwood flooring in most rooms. Many windows, most with storm inserts, provide lots of natural light. Efficient Trio boiler with newer oil tank. Upgraded 200 A electrical panel. Town documents state 0.3 acre lot. Survey states 0.4 acre lot. Short distance to downtown. Easy access from I-91. Close to Walpole and Keene, NH. Close to skiing at Okemo, Stratton, Killington. 2+ hrs. to Boston. 3+ hrs. to NYC. Priced to sell; well below recent appraisal. Are you ready???
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017