0 Wilson Road, Lot 24
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 |
|---|---|---|---|
| Sep 22, 2021 | Sold | ||
| Sold | |||
| Sep 15, 2020 | Listed by Engel & Volkers Wellesley | $150,000 | |
| Listed by Engel & Volkers Wellesley | |||
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Skip the bridges and come discover Marion's Dexter Beach! The best priced buildable lot in Marion offers an affordable opportunity to build your dream home in a fabulous seaside neighborhood that includes access to an association dock, swimming raft, sandy beach, playground and picnic area. This mostly-cleared parcel is just waiting for you to break ground. It is just a two minute walk to Dexter Beach which is located at the mouth of the Weweantic River offering easy access to Buzzards Bay. Ideal for boaters, kayakers, paddleboarders or those who just enjoy a beautiful setting. Connection to town water and sewer at the street. The lot is located in the AE flood zone, therefore home will need a slightly elevated foundation. Buyer to assume sewer betterment of approximately $5.000. Seller has letter of buildability and lot has already been approved by the Marion Conservation Committee.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017