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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 |
|---|---|---|---|
| Aug 8, 2019 | Sold | ||
| Sold | |||
| Jul 15, 2019 | Listed by Westie Realty Group, LLC | $129,000 | |
| Listed by Westie Realty Group, LLC | |||
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|
Nice lot in the overlay district area of Blackstone. Build multiple single family homes, condos, or multifamily houses. Water and sewer tees at the street. Bring offers!
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| May 27, 2014 | Listed by Keller Williams Elite | $30,000 | |
| Listed by Keller Williams Elite | |||
| Jul 4, 2010 | Listed by Tat Realty | $330,000 | |
| Listed by Tat Realty | |||
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MICHLEN MEADOWS SHOW ON A DEFINITIVE SITE PLAN DATED 4-28-05 BY HEITAGE DESIGHN GROUP, INC. AND WAS APPROVED BY THE BLACKSTONE PLANNING BOARD ON 6-8-06 FOR TWO (2) FOUR UNIT CONDO BUILDINGS CONSISTING IN EACH BUILDING( 2) THREE BEDROOMS AND ( 2) TWO BEDROOMS FOR A TOTAL OF 8 UNITS. TOWN WATER AND TOWN SEWER NEARBY ON STREET.
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