1 Ark Road
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 |
|---|---|---|---|
| May 15, 2009 | Sold | ||
| Sold | |||
| Sep 24, 2008 | Listed by REX Real Estate | $359,000 | |
| Listed by REX Real Estate | |||
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MILLION DOLLAR VIEWS OF LAKE MASPENOCK...Absolutely one of the finest lots in Hopkinton!!! Possible 2nd building lot. Waterfront views from most windows. Privacy midst spectacular trees. Oversized fam rm w wood timber ceilings, wood stove w floor to ceiling stone, wall of atrium doors overlooking lake. Lrg e-i kit w ceramic isl w expansive view of lake. 5 lrg bdrms on 2nd flr. Mstr w fp, view to lake and priv bath w sauna. 3rd flr front/back home theater. Updating reqd but fabulous potential.
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