Lot 15 Forest Drive
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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 |
|---|---|---|---|
| Aug 19, 2014 | Sold | ||
| Sold | |||
| Mar 28, 2014 | Listed by Advantage Realty Network, Inc. | $79,900 | |
| Listed by Advantage Realty Network, Inc. | |||
| | |||
|
Reduced price! Price is firm. 18.75 acres on 1 wooded building lot with private 1 acre pond suitable for canoes and rowboats, as well as fishing. Pond has fish. Common driveway. Dead end cul-de-sac. Public boat access to Hamilton Reservoir 1 mile away. Highway access to Mass Pike and I-84. Will sell lot or custom build new home.
| |||
| Apr 2, 2007 | Sold | ||
| Sold | |||
| May 23, 2006 | Sold | ||
| Sold | |||
| Oct 14, 2005 | Listed by Advantage Realty Network, Inc. | $199,900 | |
| Listed by Advantage Realty Network, Inc. | |||
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