Lot 1 Otter River Rd
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 30, 2024 | Sold | ||
| Sold | |||
| Feb 8, 2024 | Listed by Keller Williams Realty North Central | $149,900 | |
| Listed by Keller Williams Realty North Central | |||
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Come and build your custom home on 8 plus acres of land. Great opportunity to build and enjoy your custom home on this private Winchendon lot. With your vision and plan this could be the site of your new home. Perc test completed, septic drawn, ready to build!! Potential to subdivide into two lots. Buyer and Buyer Agent to do their own due diligence.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017