LOT 10 Garland Ave
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 |
|---|---|---|---|
| Mar 24, 2017 | Sold | ||
| Sold | |||
| Nov 30, 2016 | Sold | ||
| Sold | |||
| Sep 12, 2016 | Listed by RE/MAX Preferred, Inc. | $501,000 | |
| Listed by RE/MAX Preferred, Inc. | |||
| Jul 28, 2015 | Sold | ||
| Sold | |||
| Jan 22, 2014 | Listed by BHHS Verani Concord | $1,300,000 | |
| Listed by BHHS Verani Concord | |||
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How about 60+ acres of prime wooded and open farmland available just 5 minutes to Mass. High and mostly dry land is a combination of two tracts of land in area of a fine home sub-division. Endless possibilities, Building is making a come back. Could be the one you have been waiting for. One access point is frontage on private road and 2nd access point is off a cul-de-sac in a high end sub division. Take a look if you are curious about this rare offering. "Land" they aren't making anymore of it! Land is contingent and is in due diligence period, that party has 1st right of refusal but looking for additional offers.
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