Lot 1 Dennis Whitney Road
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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 6, 2020 | Sold | ||
| Sold | |||
| Sep 13, 2020 | Listed by RE/MAX Advantage 1 | $139,000 | |
| Listed by RE/MAX Advantage 1 | |||
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This is the one You have been waiting for... 18 Acres in unspoiled and pastoral New Braintree.. Lot is level, majority is open agricultural pasture. Approx 700' Gravel driveway is in to the field/build site itself. Artesian Well installed in 7/2013. Borders APR land and some wetlands for privacy. One of the nicest areas in town. Perfect land for Horses, agriculture or a private secluded country home. Amazing opportunity!
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| Nov 12, 2009 | Listed | $54,900 | |
| Listed | |||
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Great building lot in desirable Dennis Whitney location! Close to Oakham town line at Old Turnpike Road.. Paved section of road, Flat wooded land relatively level to street and elevated, Flagged conservation land across the street. Lot is approx 250 feet across. Five minutes to Rte 122 or North Brookfield center. Seller has surveyed and perked lot.
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