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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 31, 2016 | Sold | ||
| Sold | |||
| Jul 25, 2016 | Listed by Molisse Realty Group | $15,000 | |
| Listed by Molisse Realty Group | |||
| | |||
|
1.1 acre of land on Judges Hill in Norwell. Wooded lot. All permits, approvals and surveys responsibility of buyer. Land is being sold AS-IS. Standing in front of water tank land is to the left. See plot map attached
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| Apr 8, 2014 | Sold | ||
| Sold | |||
| Jan 27, 2014 | Listed by Real Estate Door | $699,900 | |
| Listed by Real Estate Door | |||
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Acre wooded parcel of land north of Clapp's Corner in Scituate! It is located in a Residence A-1 District (minimum lot area 40,000 sq ft & lot frontage 100 ft).
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| Oct 27, 2010 | Listed by William Raveis R.E. & Home Services | $850,000 | |
| Listed by William Raveis R.E. & Home Services | |||
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