Lot 1 Old Gilbertville 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 |
|---|---|---|---|
| Aug 19, 2020 | Sold | ||
| Sold | |||
| Mar 15, 2020 | Listed by Berkshire Hathaway HomeServices Realty Professionals | $75,000 | |
| Listed by Berkshire Hathaway HomeServices Realty Professionals | |||
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Once in a lifetime opportunity to buy this pinnacle home site with a gravel road already installed AND an approved septic design!!! Picture your home on this prestigious hilltop site. Extraordinary views of the Quabbin Tower, Coy Hill and oh! the sunsets you'll enjoy from this peak! Frontage on lovely scenic Old Gilbertville Rd., (off Church St.) Beautiful old stone walls run along the back edge and fabulous rock outcroppings create natural hardscape features that turn this parcel into a wonderland. Lots of choices for your house site, but a clearing is already at the peak for you. Be the King/Queen of the Mountain. Just call today!
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| May 12, 2017 | Sold | ||
| Sold | |||
| Feb 1, 2017 | Listed by Berkshire Hathaway HomeServices Realty Professionals | $75,000 | |
| Listed by Berkshire Hathaway HomeServices Realty Professionals | |||
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Views! One-of-a kind house site comes complete with an approved septic design. Extraordinary views of the Quabbin Tower, Coy Hill and what sunsets you'll enjoy from this pinnacle spot. Frontage on lovely Old Gilbertville Rd., which is a scenic country road off Church St. A professionally installed gravel road is already in place for you also! A beautiful old stone wall runs along the back edge and gorgeous rock outcroppings create great natural landscape features. Lots of choices for your house site. There is so much here to appreciate. Make an offer to these motivated sellers. Call today!
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| Mar 28, 2005 | Sold | ||
| Sold | |||
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