0 Bashan Hill Rd L:5
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 |
|---|---|---|---|
| Mar 12, 2021 | Sold | ||
| Sold | |||
| Jan 29, 2021 | Listed by Molyneux Realty | $25,000 | |
| Listed by Molyneux Realty | |||
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This is a nice parcel of land enjoying proximity to a lot of State owned land. Quiet area with all neighboring homes using Photo Voltaic electricity. However Cable has just been installed on the phone poles serving the area. Looking to get away without being totally out there this is it. Priced right.
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| Dec 11, 2007 | Sold | ||
| Sold | |||
| Jul 24, 2007 | Listed by Jeff Wilkinson | $129,000 | |
| Listed by Jeff Wilkinson | |||
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THIS PARCEL IS ACTUALLY 2 LOTS BEING SOLD TOGHETER. IT HAS A WONDERFUL COMBINATION OF OPEN FLAT PASTURE LAND AND ACRES OF HARDWOODS. THERE IS A HIKING TRAIL TO TH HIGHEST POING IN WORTHINGTON WHICH IS BASHAN HILL. THERE IS A DRIVEWAY INSTALLED LEADING TO A CLEARED BUILDING SITE AT THE EDGE OF THE FIELD. THIS SITE OFFERS A SOUTHERN MOUNTIAN VIEW AND SOLAR EXPOSURE. 2 SEPTIC DESIGNS FOR THIS HOUSE SITE. LOTS OF POSSIBILITIES.
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