9 Prospect Hts
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 21, 2024 | Sold | ||
| Sold | |||
| Oct 31, 2024 | In contract | - | |
| In contract | |||
| Oct 22, 2024 | Listed by Ciccarelli Homes | $499,900 | |
| Listed by Ciccarelli Homes | |||
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Beautifully updated raised ranch in a very desirable location of Leominster. When you step inside, you’ll enjoy the modern decor Which includes a modern kitchen with breakfast bar, updated appliances, quartz counters, top grade laminate flooring Updated with modern tile work. There are eight rooms three bedrooms 2 full baths, a family room, a bonus room and a garage underneath. The yard is fenced in and recently seeded, It also has a new roof new heating system and a new hot water heater. All you have to do is bring your bags. First showings at open house.
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| Jul 8, 2024 | Sold | ||
| Sold | |||
| Jun 19, 2024 | Listed by Berkshire Hathaway HomeServices Commonwealth Real Estate | $199,999 | |
| Listed by Berkshire Hathaway HomeServices Commonwealth Real Estate | |||
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ATTENTION FLIPPERS, CONTRACTORS, AND INVESTORS don't miss this fantastic opportunity. 3 bedroom 1 bath raised ranch in a quiet neighborhood. 1 car attached garage with a finished room in basement. This home is close to all area amenities including restaurants, shopping, the commuter rail, Rt. 2, 190 and 117. Buyers are encouraged to conduct their own due diligence. Please note that this property is eligible for cash or hard money only. Showings start immediately. Offer deadline 9 pm June 20th.
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