Lot 141 Amherst 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 |
|---|---|---|---|
| Dec 17, 2021 | Sold | ||
| Sold | |||
| Aug 9, 2021 | Listed by Jones Group REALTORS® | $85,000 | |
| Listed by Jones Group REALTORS® | |||
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Great level lot close to the Amherst town line. This fully wooded, picturesque lot can be as private as you want it to be. Close to the Amherst town line means your only minutes to UMass or Malls. This lot can be sold as a package deal with Lot 142 out front for that added privacy. Call today for your private showing.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017