Lot 1 Garfield Rd
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 |
|---|---|---|---|
| Aug 19, 2020 | Sold | ||
| Sold | |||
| May 27, 2019 | Listed by LAER Realty Partners | $45,500 | |
| Listed by LAER Realty Partners | |||
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Garfield Road is a quiet, residential, dead end street. This building lot is ALMOST SIX ACRES! 200' frontage, flat and sloping land----and a small pond. This land is about two minutes to two different Route 2 access ramps, to make commuting easy. Located near North Quabbin Commons, yet private location. Close to new elementary school, Athol High School and Athol Hospital which just received a major renovation and upgrade. Previous perc test done (2007) and is available for review.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017