972 Florence Road
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 |
|---|---|---|---|
| Jul 14, 2023 | Sold | ||
| Sold | |||
| Jun 15, 2023 | In contract | - | |
| In contract | |||
| Jun 1, 2023 | Listed by Keller Williams Realty | $349,900 | |
| Listed by Keller Williams Realty | |||
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A backyard of splendor at this home! Enjoy this sweeping, meticulously maintained green lawn and a picturesque silver maple tree that is something out of a storybook. Plenty of space for get togethers, playing ball and a gardener's delight on this 3/4 acre lot just 5 minutes from downtown Northampton, Florence and Easthampton. Roof replaced in 2019 with a transferable warranty (25-year shingle--a transferable warantee). New LP hot water heater in 2021. The bedroom mini-splits installed February 2023. Living room mini-split about 3-years old. Huge basement gives space to finish off, plus loads of storage. An oversized one car garage is great for a workshop. Very well kept 3 bedroom ranch with a sunny living room with a large bay window. A sweet kitchen and eat in space, opening to a deck and a yard that backs up to woods. See passed Title V (2023) attached to MLS.
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| Jun 28, 1991 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017