Lot #13 Reed 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 16, 2005 | Sold | ||
| Sold | |||
| Jul 13, 2005 | Listed by ERA Key Realty Services- Spenc | $79,500 | |
| Listed by ERA Key Realty Services- Spenc | |||
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This Is A Beautiful Lot, Level & Cleared, Bound By Stonewalls On Desirable Reed Street, The Historic "Old Post Road". Build Your New Home On This Pretty Lot In Area Of Other New Homes. Property Was Perked With Great Results In 1989.
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| Dec 18, 1998 | Sold | ||
| Sold | |||
| Feb 6, 1997 | Listed by Quabbin Real Estate | $30,000 | |
| Listed by Quabbin Real Estate | |||
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THIS HUGE LOT IS PERFECT FOR SOMEONE WHO WOULD LIKE PRIVACY HERE YOU WILL FIND 14+- ACRES OF LAND AND 350 FT FRONTAGE A GREAT PLACE TO RAISE YOUR FAMILY AND ENJOY THE GREAT OUT- DOORS. PERC TEST IS FINISHED AND LOT IS SURVEYED.
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