Lot 12 Old North Road
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 |
|---|---|---|---|
| Feb 16, 2007 | Sold | ||
| Sold | |||
| Apr 4, 2006 | Listed by RE/MAX Best Choice | $259,900 | |
| Listed by RE/MAX Best Choice | |||
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A similar home to be built on over 2-1/2 acres with excellent Route 2 access! Come see other similar homes under agreement! Time is ticking...but you can still pick out your color choices! Subject to the builder obtaining a building permit which is in process and estimated for May. Land was sub-divided from a larger parcel; taxes & assessment to be determined. DEP Order of Conditions File #304-0240. Paved driveway included; loaming and seeding not.
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