Lot 1.1 Tower Hill 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 |
|---|---|---|---|
| Jul 24, 2020 | Sold | ||
| Sold | |||
| Sep 28, 2019 | Listed by Lamacchia Realty, Inc. | $59,900 | |
| Listed by Lamacchia Realty, Inc. | |||
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First time offered! Fabulous value - priced well below tax assessment! Lovely 1.58 acre lightly wooded lot in excellent Brimfield location. Flat lot in neighborhood of pretty homes. Can be purchased with adjacent lot of same size making a beautiful lot of 3+ acres. Easy highway access. In Tantasqua/Union 61 school system. Perc information available shortly. Build your dream house in this beautiful location in Brimfield, a charming colonial town abutting Sturbridge!
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| Sep 9, 2005 | Sold | ||
| Sold | |||
| Jun 1, 2005 | Listed by Sullivan & Company Real Estate, Inc. | $110,000 | |
| Listed by Sullivan & Company Real Estate, Inc. | |||
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Beautiful wooded homesite with stonewalls on one of Brimfield's most scenic roads. Mostly wooded, this would be a perfect location for a new country home. We have builders available to discuss package plan on house.
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| Nov 3, 2003 | Sold | ||
| Sold | |||
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