1
Map
lot 1 Michael Road
About This Property
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Cap Rate Calculator
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 5, 2012 | Sold | ||
| Sold | |||
| Oct 13, 2011 | Listed by Keller Williams Elite - Sharon | $209,900 | |
| Listed by Keller Williams Elite - Sharon | |||
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A DIAMOND IN THE ROUGH! This lot is in the heart of the established neighborhood and set on its “own” street . Percolation tests and engineering were done in the past, but need to be updated by the buyer. Call Listing agent for more information.
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| May 26, 2011 | Listed by Northeast Signature Properties, LLC | $579,900 | |
| Listed by Northeast Signature Properties, LLC | |||
| Feb 8, 2011 | Listed by Northeast Signature Properties, LLC | $579,900 | |
| Listed by Northeast Signature Properties, LLC | |||
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New Construction*Wooded 10 lot Subdivision*Wonderful,large lot on Cul-de-sac*Beautiful colonial with a open flow floor plan*Hardwood in the dining room,and study*Oak tread staircase*Granite in the kitchen, and upstairs baths*Pedastil sink in 1/2 bath*Huge family room with vaulted ceilings, and gas fireplace*Nice master bedroom with large walk in closet*Nice master bath with jetted tub*Upgraded finish included*This is a great house plan with great allowances*Close to Major Highway
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| Aug 28, 2008 | Sold | ||
| Sold | |||
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