31
Map
12 Massapoag Way
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, 2026 | Sold | ||
| Sold | |||
| Jun 1, 2026 | In contract | - | |
| In contract | |||
| May 19, 2026 | Listed by Gibson Sotheby's International Realty | $324,900 | |
| Listed by Gibson Sotheby's International Realty | |||
| Jan 27, 2021 | Sold | ||
| Sold | |||
| Jan 8, 2020 | Listed by LAER Realty Partners | $229,900 | |
| Listed by LAER Realty Partners | |||
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Hard to find building lot on Lake Massapoag, This 1.04 acre lot is approved for a 4 bedroom system, and the approximate house size is 24'x48' and possibly larger, and it has 46' of frontage on the lake, The home siting area if fairly level and well above the lake level, This will make a great place to come home to after a long day at work, and offers the 4 seasons of enjoyment and beauty on the water!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017