Lot 1 Higherbrook Drive
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 |
|---|---|---|---|
| Mar 18, 2020 | Sold | ||
| Sold | |||
| May 3, 2019 | Listed by Executive Real Estate, Inc. | $85,000 | |
| Listed by Executive Real Estate, Inc. | |||
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Just under 2 acres of residential land in Ludlow. This piece of property is divided with the town as two building lots. The land is close to all area amenities and quick access to the Mass Pike! Buyer to verify all land uses. This parcel is two separate building lots. Seller will not entertain offers on each lot, just the entire parcel. Make an offer today and build your dream home close to all that Ludlow has to offer. Photos show each lot from town GIS. Buyer to verify all uses and available utilities.
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| Apr 5, 2019 | Sold | ||
| Sold | |||
| Dec 1, 2016 | Sold | ||
| Sold | |||
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Address: 335 Madison Avenue, New York, NY 10017