Lot 10 Fern Path
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 |
|---|---|---|---|
| Apr 10, 2014 | Sold | ||
| Sold | |||
| Dec 26, 2012 | Listed by Apone Associates | $208,000 | |
| Listed by Apone Associates | |||
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Beautiful level lot, wooded ambiance in neighborhood of prestigious homes. Builder/owner of land can "build- to- suit" on property. Alternate pls avail or bring yours. Road has sidewalk for comfort to stroll, or visit neighbors . Approx. less than 2 miles from town center for handy shopping plazas & restaurants. Easy access to major highways or T Station to Boston. Medway is ideally located to commute to Boston, Providence or Worcester. Buy now, build your dream home of elegance & style!
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| Oct 9, 1997 | Sold | ||
| Sold | |||
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