89.01 Michael Sears
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 1, 2013 | Sold | ||
| Sold | |||
| Jan 10, 2013 | Listed by ERA M Connie Laplante | $35,000 | |
| Listed by ERA M Connie Laplante | |||
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OPPORTUNITY KNOCKS! Don't miss this great deal. Almost 5 acres in this wooded estate lot that sits behind 140 Michael Sears Rd. Situated off the road with lots of standing hardwood, you would be able to see deer and wild turkey in your front yard. Stone walls on three sides of the property define the boundaries. Minutes to Belchertown Center and the Mass Pike. Perc test, land survey, order of conditions for driveway are available. Buyer to verify all information.
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| Sep 14, 2010 | Listed by Jones Group REALTORS® | $79,900 | |
| Listed by Jones Group REALTORS® | |||
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Big, beautiful estate lot offering privacy where nature abounds with wildlife and lots of standing hardwood. Stone walls around almost the entire perimeter of this lot. Ideally located with the Center of Belchertown only minutes away and with easy access to main highways, only minutes away from the Mass Turnpike. The established building envelope is secluded enough that there are no neighbors in site. Hike your own land. Want horses? Plenty of room for them too!
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| Aug 28, 2009 | Listed by Coldwell Banker Residential Brokerage - Belchertown | $80,000 | |
| Listed by Coldwell Banker Residential Brokerage - Belchertown | |||
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Looking for some privacy? Let nature be your neighbor and build your new home on this picturesque, mostly wooded 4.9 acre estate lot. The property boasts an abundant supply of mature hardwood trees, and is bounded by stone walls. Lot has recently been perced and surveyed. This quiet, country road is convenient to nearby main roads and the area's amenities.
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| Sep 27, 2000 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017