Lots 11&12 Batchelor Street
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 30, 2021 | Sold | ||
| Sold | |||
| Jan 21, 2021 | Listed by Gallagher Real Estate | $80,000 | |
| Listed by Gallagher Real Estate | |||
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Two approved building lots combined as one 10 +/- acre lot. Great value for this price. The lots are located across from #350 and #340 Batchelor Street. Come with your own plans. Private location yet near enough to shops, schools, and Route 202 in Granby and just a few miles to Amherst. Abutting land is protected land that is owned by the Kestral Land Trust/Granby Conservation. Just waiting for you. Seller will entertain selling the lots separately. Both lots have a favorable perc test as of 4/1/2020. Call for more information.
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