0 Meridian St-Lot 1
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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 18, 2015 | Sold | ||
| Sold | |||
| Oct 7, 2014 | Listed by RE/MAX Right Choice | $99,000 | |
| Listed by RE/MAX Right Choice | |||
| Aug 13, 2009 | Listed | $195,000 | |
| Listed | |||
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Perfect opportunity to build your dream home on 2.53 acre lot in a very diserable & family friendly nieghborhood. Down the street from new Silva school, new side walks, & street. Sewer & water have been stubbed on lot. Conservation determination is complete, & lot has been flagged and staked. Home to be set back +/- 200'. Build your dream home or have our construction division put together a home package for you. Call today, don't miss out, lots like this don't come availabe very often.
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| Jul 28, 2009 | Listed | $425,000 | |
| Listed | |||
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to be built- 2200 sq. ft. contempary 2 story w/ 3 bed, 2 1/2 bath, main flr. den, fireplaced great room, & huge master suite. 2 car garage, and walk out basement all on 2.53 acres in very desirable Meridian St. call now to look over plans, and specs.
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