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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 |
|---|---|---|---|
| Jan 29, 2021 | Sold | ||
| Sold | |||
| Nov 27, 2020 | Listed by RE/MAX Vantage | $200,000 | |
| Listed by RE/MAX Vantage | |||
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South Westport - 8 acres lot in rural area of Westport. Lot has 3 acres of uplands for a building envelope. Lot is off a private dirt lane. 4 bedroom septic bedroom design in hand. Lot has covenants. No HOA has been disclosed. Easement on this property to neighbors home.
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| May 31, 2018 | Sold | ||
| Sold | |||
| Dec 21, 2017 | Listed by The Mello Group, Inc. | $179,900 | |
| Listed by The Mello Group, Inc. | |||
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Beautiful lot in South Westport, MA. Set back at the end of a private driveway with stone walls along both sides of the property. This 4.67 acre parcel is in an extremely desirable location, in close proximity to the historic district, state and town beaches, boat ramps and marina, & restaurants. Lot is cleared for building and includes an approved 4 BR septic design. Many builder's packages available.
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| Dec 7, 2016 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017