0 Senator Street
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 |
|---|---|---|---|
| Nov 20, 2023 | Sold | ||
| Sold | |||
| Oct 19, 2023 | In contract | - | |
| In contract | |||
| Aug 29, 2023 | Listed by Executive Real Estate, Inc. | $39,999 | |
| Listed by Executive Real Estate, Inc. | |||
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Beautiful, cleared building lot located in the highly desirable 16 Acres neighborhood . Public sewer runs up this private street directly to the edge of the property. Buyer to confirm with the City of Springfield what will be required to make it possible to build your dream home...
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| Jan 5, 2011 | Sold | ||
| Sold | |||
| Nov 5, 2010 | Listed by Ayre Real Estate Co, Inc. | $50,000 | |
| Listed by Ayre Real Estate Co, Inc. | |||
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Nice level deep lot on side street in lovely Sixteen Acres area of Springfield. Property is rectangular shaped. Use our builder or yours. Public Water and Sewer as well as Gas nearby. Buyer to verify with proper authorities as to intended use. Call today for details.
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