Lot #1 North Brookfield 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 |
|---|---|---|---|
| Oct 5, 2022 | Sold | ||
| Sold | |||
| Jul 12, 2022 | Listed by CR Premier Properties | $129,000 | |
| Listed by CR Premier Properties | |||
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Beautiful 7.8 acre lot with over 600' of road frontage on a pretty country road. Front portion of the lot is hayfield with a couple of wooded patches, the back portion is wooded and sloping to the west. A small brook runs along the northern boundary and the southern boundary is the New Braintree town line. Lot is currently in Chapter 61A and buyers are responsible for any desired testing or evaluations. Located in an R80 zone which requires 200' of road frontage and 80,000 sf for a building lot.
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| Nov 11, 2005 | Sold | ||
| Sold | |||
| Aug 5, 2005 | Listed by William Neylon Real Est. | $84,900 | |
| Listed by William Neylon Real Est. | |||
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PRICED FOR A QUICK SALE! Owner is encouraging offers! Bottom of the market prie, peak of the market value. Beautiful 3 acre lot on Oakham/New Braintree line. Lot to be approved for construction in either Oakham or New Braintree. Lot was perced and is ready for your new home in a town where real estate values are on the rise. Call today for details.
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| Apr 6, 2005 | Listed by Holden Realty Inc. | $190,000 | |
| Listed by Holden Realty Inc. | |||
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Part of larger parcel. Chapter 61/61A - waiting period may apply. Perc done 2005. Beautiful, flat, open field with stone walls and lots of sunshine. Woods in back of lot. Suject to town approval and final engineering.
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Address: 335 Madison Avenue, New York, NY 10017