12 Park 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 |
|---|---|---|---|
| Sep 15, 2023 | Sold | ||
| Sold | |||
| Mar 10, 2022 | No longer available | - | |
| No longer available | |||
| Dec 12, 2021 | Listed by Keller Williams Realty North Central | $475,000 | |
| Listed by Keller Williams Realty North Central | |||
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Unique Opportunity! This Geodesic Home designed by Monterey Domes of California will convey with approx. 21 acres of land and has incredible potential. Choose to bring the dome back to life and create a very special property like no other. The additional outbuilding could serve as a guest house. The expansive 30 X 50 heated Garage could house a flourishing business, be room to restore classic cars, or protect all your toys and equipment. 3 Phase power is available from National Grid. Town water is available on Park St but sewer would need to be private. This location is just minutes to Route 2 and in proximity to area shopping and amenities. So much potantial! The manager has listed the unit size as 1828 square feet.
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| Jul 12, 2021 | Listed by Keller Williams Realty North Central | $599,900 | |
| Listed by Keller Williams Realty North Central | |||
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Unique Opportunity to Acquire 28+ Acres of Potentially Developable Land in Westminster. This Geodesic Home designed by Monterey Domes of California sits on 28+ acres of land and has incredible potential for renewal or development. Choose to bring the dome back to life and create a very special property like no other. The additional outbuilding could serve as a guest house. The expansive 30 X 50 heated Garage could house a flourishing business, be room to restore classic cars, or protect all your toys and equipment. The true value of this parcel is the opportunity to subdivide. Highest and best use could be a High Density Development like Senior Housing, Assisted Living or Single Family subdivision. 3 Phase power is available from National Grid. Town water is available on Park St but sewer would need to be private. This location is just minutes to Route 2 and in proximity to area shopping and amenities. This project could be your next big ROI.
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| Nov 12, 1998 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017