lot 15 Trailside
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 |
|---|---|---|---|
| Apr 27, 2012 | Sold | ||
| Sold | |||
| Sep 9, 2010 | Listed by New Home Network | $239,900 | |
| Listed by New Home Network | |||
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THIRTEEN LOTS ARE SOLD, NOW ONLY 4 ARE AVAILABLE - WHAT ARE YOU WAITING FOR? The lots at River Path are finally affordable and priced to SELL! If you've been waiting for the best, the wait is over! Truly the finest subdivision available in Hanover for years. 17 lots designed around 19 acres of conservation land abutting the Indian Head River. Restrictive covenants, walking trail, retreat lots, two cul-de-sacs, & dramatic entry. Lots and builder packages available.
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