9 Michael 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 12, 2015 | Sold | ||
| Sold | |||
| Sep 10, 2015 | Listed by William F. Burke | $339,900 | |
| Listed by William F. Burke | |||
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A well cared for home in one of Maynard's sought after neighborhoods - a perfect blend! Natural light pours into the upper living area complete with a wood burning fireplace in the living room & an open dining room with a new slider that overlooks the double level decks with a new above ground pool & spacious yard. The eat in kitchen is separated from the dining room by a half wall to enhance the open living space. The eat in kitchen features white cabinets, a new counter, dishwasher, new stainless gas stove & refrigerator plus ceramic tile flooring. There are 3 upper level bedrooms including the master with a Hollywood bath that can be accessed from the bedroom or hallway. The lower level offers a spacious room for use as a 4th bedroom with an amazing walk in closet or great family room. The office, laundry room & 2nd full bath complete the lower level. This great home truly offers great space for everyone in the family! Updated carpet, newer windows, neighborhood playground!
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| Jul 23, 2012 | Sold | ||
| Sold | |||
| May 17, 2012 | Listed by Coldwell Banker Residential Brokerage - Acton | $339,900 | |
| Listed by Coldwell Banker Residential Brokerage - Acton | |||
| Jul 13, 2005 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017