148 South 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 |
|---|---|---|---|
| Jan 25, 2024 | Withdrawn | - | |
| Withdrawn | |||
| Oct 23, 2023 | Listed by Four Points Real Estate, LLC | $165,000 | |
| Listed by Four Points Real Estate, LLC | |||
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Excellent opportunity to custom build a single family home on this beautiful 5 acre lot in Pepperell. Close to major highways and shopping.This once approved lot is ready for you to build the home of your dreams! Seller had the Conservation Commission Order of Conditions, passing Perc test, plus an approved 4-bedroom septic design upon purchasing however buyer will need to update since these documents have expired. Long driveway in gives you a nice set back (approx 1,200 ft). Buyer/buyer's agent to do own due diligence.
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| Jan 23, 2019 | Sold | ||
| Sold | |||
| Sep 10, 2017 | Listed by RE/MAX Insight | $49,900 | |
| Listed by RE/MAX Insight | |||
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Excellent opportunity to custom build a single family home on this beautiful 5 acre lot in Pepperell. Close to major highways and shopping.This approved lot is READY TO GO and includes a current Conservation Commission Order of Conditions, passing Perc test, plus an approved 4-bedroom septic design (buyer will need to update since dates have expired). Long driveway in gives you a nice set back. (approx 1,200 ft) and price has been adjusted to reflect the driveway cost. PRICE REDUCED FOR A QUICK SALE!
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