0 Hathaway 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 |
|---|---|---|---|
| Apr 29, 2024 | Sold | ||
| Sold | |||
| Mar 28, 2024 | In contract | - | |
| In contract | |||
| Feb 8, 2024 | Listed by 5 College REALTORS® Northampton | $299,000 | |
| Listed by 5 College REALTORS® Northampton | |||
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Offered for sale on a lovely, quiet road are 20+ acres of south facing, rolling hillside, minutes from the Westhampton Elementary School. The land boasts mature trees and a birch grove at the top. When the trees were harvested many years ago, the view seen from the top was as distant as UMass in Amherst. This hillside property has been subdivided into two 10+ acre lots. Options abound: Build a single private, spacious solar residence, or the parcel proffers the opportunity for an entrepreneur, with vision, to subdivide the property and build several gracious homes on a quiet, winding cul de sac. The Town of Westhampton partners with The Green Communities Program, thus partnering with other Massachusetts cities and towns.
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