0 Ridge 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 |
|---|---|---|---|
| Dec 16, 2022 | Sold | ||
| Sold | |||
| Aug 18, 2022 | Listed by RE/MAX Advantage 1 | $140,000 | |
| Listed by RE/MAX Advantage 1 | |||
| Oct 16, 2018 | Sold | ||
| Sold | |||
| Feb 8, 2018 | Listed by Colby Realty | $104,900 | |
| Listed by Colby Realty | |||
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Spring is here and 3 new homes are under construction ! Things are moving quickly so don't let this Spectacular lot Opportunity slip away from you. Make an Offer on this 5 Acres with a Skyline view of the Berkshire Foothills and the Towns on the Northern rim of the Quabbin !...Town Sewer and Water ! Lot has recently been cleared and is ready to build on ! Due to the Natural grades you can build your dream home with a walkout basement thus circumventing many inherent building costs while taking advantage of passive gains , the gorgeous Western Views and the prevailing Westerly breezes ! Call for details on this money saving issue !
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