9 Ellis Drive
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 30, 2023 | Sold | ||
| Sold | |||
| Oct 29, 2022 | In contract | - | |
| In contract | |||
| Oct 26, 2022 | Relisted | $345,000 | |
| Relisted | |||
| Oct 24, 2022 | In contract | - | |
| In contract | |||
| Jul 6, 2022 | Listed by 1 Worcester Homes | $629,900 | |
| Listed by 1 Worcester Homes | |||
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Gorgeous colonial to be built on the Worcester/Auburn line of College Hill. Cul-de-sac road with all newer construction homes. The first floor open floor plan boasts 9 foot ceilings, All solid surface flooring (choice of hardwood or tile for the kitchen), Kitchen island that seats 4, half bath, laundry room and sliders to an oversized 14x14 deck that walks out to the back yard. Second floor will be hardwood throughout. Master bedroom has a walk-in closet that leads to the master bath with tiled shower and dual vanity. The main bathroom with have a shower and tub and dual vanity. The full unfinished basement may have a walkout dependent on the outdoor landscaping. Two car garage to keep your cars free from the snow! Propane heat and central air. Interested in a different design? Builder is open to build to suit. This lot has land in both the city of Worcester and town of Auburn.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017