LOT 12 Old Worcester Rd.
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 |
|---|---|---|---|
| Nov 4, 2004 | Sold | ||
| Sold | |||
| May 7, 2004 | Listed by RE/MAX Executive Realty | $349,900 | |
| Listed by RE/MAX Executive Realty | |||
| | |||
|
TO BE BUILT- FABULOUS NEW CONTRUCTION IN SECLUDED WOODED AREA ON LARGE MULTI ACRE CORNER LOT STILL CLOSE TO NEW ELEM.SCHOOL AND RTES.20, 395,& MASS PIKE ;WELL KNOWN REPUTABLE BUILDER PLEASE CALL OFF.FOR PLANS-SPECS;DEL.IS SEPT.-OCT.
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| Sep 20, 2002 | Sold | ||
| Sold | |||
| May 31, 2001 | Listed by RE/MAX Prof Associates | $210,000 | |
| Listed by RE/MAX Prof Associates | |||
| | |||
|
HOME TO BE BUILT. BUYER IMPUT WELCOMED! GREAT ACCESS TO RT 20 WOODED 2+ ACRE LOT
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| Dec 27, 1996 | Sold | ||
| Sold | |||
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