14 Abbey Rd #LOT7
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 9, 2022 | Sold | ||
| Sold | |||
| Nov 15, 2021 | Listed by Stone Ridge Properties, Inc. | $749,900 | |
| Listed by Stone Ridge Properties, Inc. | |||
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TO BE BUILT...New home 14 Abbey Rd (lot #7) Merrimac, MA. Custom Hopscotch Classic built home w/ a covered farmers porch, 3 BDR w/ Master Bath, 2.5 Baths, 2 Car garage attached. Features Kitchen, Living Rm with gas fireplace, Dining Rm, Study/Office, 12' x 14' back deck & Full basement & Bonus Rm 25'5" x 15'2" over Garage! *Choose siding color, floorings, appliances, fixtures, interior colors & much more w/ Builders Allowances - See Specification Sheet attached *Builder is Broker& Owner*
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