940 Turnpike 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 |
|---|---|---|---|
| Oct 6, 2023 | Sold | ||
| Sold | |||
| Sep 13, 2023 | In contract | - | |
| In contract | |||
| Sep 9, 2023 | Listed by Mullane Real Estate Services | $125,000 | |
| Listed by Mullane Real Estate Services | |||
| Mar 24, 2006 | Sold | ||
| Sold | |||
| Aug 3, 2005 | Listed by ERA Key Realty Services - Westborough | $103,813 | |
| Listed by ERA Key Realty Services - Westborough | |||
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***CASH BUYERS ONLY*** Wonderful 1/2 acre lot offering a private backyard. Owner occupied until early 2005. Hot water heater is rented (9 yrs old), well pump is 2 yrs old, sump pump under house for last 2 years. Some sill damage on backwall. Home being sold "As is, Where is" with no warranties. FAILED Title V in hand. BUYER RESPONSIBLE FOR ANY AND ALL WORK TO CORRECT ANY PROBLEMS.
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