0 Beetle 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 |
|---|---|---|---|
| Sep 10, 2021 | Sold | ||
| Sold | |||
| Nov 24, 2020 | Listed by Red Horse Real Estate | $54,999 | |
| Listed by Red Horse Real Estate | |||
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Build your dream home on this perfect country lot. Elevation varies less than 6' within all five-plus acres. There are no wetlands on the land. Property is close to Berkshire amenities as well as Granby, Ct, and Westfield MA while retaining its country identity. Abuts the Cranberry Pond Homeowners Association/Wildwood. Electricity is at the driveway, saving costs of electrical installation. Lot has passed perc test (Planning Board approved) and there is a septic design in hand.
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| Apr 14, 2016 | Sold | ||
| Sold | |||
| Sep 11, 2015 | Listed by Real Living Realty Professionals, LLC | $25,000 | |
| Listed by Real Living Realty Professionals, LLC | |||
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Fabulous 5.14 acre lot in Tolland just waiting for you to build your Dream or Retirement home! This lot offers two usable perks, 2 septic designs, beautiful stone walls, loads of Laurel and a nice level lot. Area amenities offer boating/fishing; Granville State Forest; 4 wheeling; snowmobiling and so much more! You'll fall in love with True Country Living, low tax rates and easy commute to Springfield & Hartford. Priced below assessment!
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