LOT 1B Hockanum 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 |
|---|---|---|---|
| Apr 10, 2003 | Sold | ||
| Sold | |||
| Jan 4, 2002 | Listed by Jones Group REALTORS® | $45,000 | |
| Listed by Jones Group REALTORS® | |||
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LARGE WOODED SITES OFFER LOTS OF STREET FRONTAGE ON QUIET HOCKANUM ROAD. RECENT SUBDIVISION HAS CREATED SEVERAL UNIQUE BUILDING LOTS, SOME WITH POTENTIAL VIEWS, ALL WITH BEAUTIFUL PRIVATE SETTINGS FOR YOUR HOME.
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| Nov 20, 2001 | Sold | ||
| Sold | |||
| Dec 15, 2000 | Listed by Burbank Real Estate | $45,000 | |
| Listed by Burbank Real Estate | |||
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PART OF LARGER PARCEL.
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