Lot 1 Sheple 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 |
|---|---|---|---|
| Jun 14, 2021 | Sold | ||
| Sold | |||
| Apr 19, 2021 | Listed by Keller Williams Realty-Merrimack | $185,000 | |
| Listed by Keller Williams Realty-Merrimack | |||
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Builders take note!! Owner is doing some clearing and improving of the last remaining lot at popular Sheply Hill Farm, the private detached condominium neighborhood off Longley Rd, just minutes to Groton Ctr and all the exciting new restaurants. There are already 8 homes in this lovely nine lot enclave. This particular high and dry lot offers privacy and scenic view of neighboring horse barn and paddock. Septic approval and design for four bedroom home, with tie in to shared leach field. Town water. Enjoy the advantages of a single family home ownership and the financial benefits of condominium living. Enjoy all that Groton has to offer!!
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| Jul 14, 2005 | Sold | ||
| Sold | |||
| May 2, 2005 | Listed by Coldwell Banker Realty - Concord | $500,000 | |
| Listed by Coldwell Banker Realty - Concord | |||
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Presenting the last two lots available to build in Shepley Hill Farm, an innovative 11 unit, single famly residential community. These high and dry lots offer incredible privacy on wooded acreage with access to over 71 acres of conservation land and miles of trails. Each lot is approved for a 6 bedroom home w/ tie in to existing shared leaching field. Enjoy the advantages of single family ownership and condominium living. Lots are sold separately for $250,000.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017