Lot 0 Florence 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 |
|---|---|---|---|
| Jun 16, 2016 | Sold | ||
| Sold | |||
| Aug 28, 2015 | Listed by Canon Real Estate, Inc. | $79,000 | |
| Listed by Canon Real Estate, Inc. | |||
| Sep 11, 2009 | Listed by Michael Mendyk Real Estate | $300,000 | |
| Listed by Michael Mendyk Real Estate | |||
| | |||
|
Large developable parcel, minutes to Northampton center. Many mature trees. Homes could be set back from the road.
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| Aug 11, 2003 | Sold | ||
| Sold | |||
| May 21, 2003 | Sold | ||
| Sold | |||
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