LOT 11 Stevenson Avenue
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 16, 2004 | Sold | ||
| Sold | |||
| Mar 7, 2003 | Listed by Coldwell Banker Realty - Longmeadow | $139,500 | |
| Listed by Coldwell Banker Realty - Longmeadow | |||
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NEW SUBDIVISION 77 LOTS, COLONIAL, THREE BEDROOMS, ONE AND ONE HALF BATHS, 2X6 CONSTRUCTION. READY TO OCCUPY BY MIDSUMMER. BUY NOW AND YOU CAN PICK YOUR COLORS. IN PROSPECT PARK. ONE CAR GARAGE ATTACHED.
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