Lot 51.1 Stone Hill 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 |
|---|---|---|---|
| Jan 31, 2022 | Sold | ||
| Sold | |||
| Jul 26, 2021 | Listed by Delap Real Estate LLC | $75,000 | |
| Listed by Delap Real Estate LLC | |||
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Very private building lot in beautiful Rowe MA. The land has a mix of wooded and cleared areas, plus a pond. Rowe boasts one of the lowest tax rates in the state and residents have access to Rowe Pond in Pelham lake park. This is a serene lot where you can enjoy a quiet life in one of the most beautiful hill towns in MA.
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| Mar 8, 2019 | Sold | ||
| Sold | |||
| Feb 12, 2019 | Listed by Delap Real Estate LLC | $48,000 | |
| Listed by Delap Real Estate LLC | |||
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Bring your home plans and get going! Just a smidge under 10 acres, this beautiful wooded lot with a level cleared area is ready for you to build that dream county retreat. Mountain Stream on property and Pelham Lake is just a short 5 minute drive with access for all Rowe residents. Fishing, kayaking, picnic area all there for you to enjoy with your family. Rowe flaunts LOW TAXES and is only a short drive to both downhill and cross country ski resorts, river rafting, zip lining and one of the top rated downhill mountain bike trails. Or just relax in nature on this quiet country road surrounded by old forrest and New England's lush landscape. New Elementary School only 5 minutes away. Whether its the beginning of your family or your long awaited retirement, this is your piece of paradise!
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| Dec 3, 2018 | No longer available | - | |
| No longer available | |||
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