1 Old Farm Lane
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 |
|---|---|---|---|
| Aug 22, 2018 | Sold | ||
| Sold | |||
| May 19, 2016 | Sold | ||
| Sold | |||
| May 5, 2015 | Listed by Gilmore Murphy Realty LLC | $1,175,000 | |
| Listed by Gilmore Murphy Realty LLC | |||
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Inviting Equestrian Property sited along one of Pepperell's most scenic country roads, Circa 1800's Antique farmhouse situated on 13.40 Acres, warm and welcoming floor plan, newly remodeled bathroom, original fireplaces, high ceilings, and many period features. This Equestrian Facility Offers 3 Barns, 24 stalls, Two stall Isolation quarantine barn with electric & water, oversized matted stalls, heated tack room, wash stall, grooming area, grain rooms, The upper barn levels hold over 5000 bales of hay & extra storage. Magnificent 85 X 260 lighted Indoor arena, elite footing, state of the art sound system, with heated observation room and upper viewing deck. 85 X 260 outdoor riding arena. These amenities make this a definite business opportunity "Equestrian Events" showing, boarding, training & lessons, ample parking, Picturesque riding trail system. Surrounded by acres of natural beauty, large paddocks, sweeping lawns with natural gardens. Plus 2 additional zone conforming lots.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017