Lot 15 Daniel Shays Highway
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 |
|---|---|---|---|
| May 3, 2018 | Sold | ||
| Sold | |||
| Jan 26, 2018 | Listed by Witman Properties, Inc. | $85,000 | |
| Listed by Witman Properties, Inc. | |||
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Just under 7 acres! 3 bedroom septic already installed! Set far off the road. Enjoy privacy in a country setting. Rough driveway already in place and an area has been cleared for a house. Enough land for horses to roam and kids to play. Bring your ideas and create your very own private paradise. Conveniently located just minutes to Belchertown Center, seconds to Quabbin Gate 8 and 15 minutes to Amherst Center.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017