18-2 Biskie Head Point
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 13, 2013 | Sold | ||
| Sold | |||
| Dec 29, 2003 | Sold | ||
| Sold | |||
| Mar 3, 2003 | Listed by J. Barrett & Company | $380,000 | |
| Listed by J. Barrett & Company | |||
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3.5 ACRE PARCEL WITH VIEWS OF LITTLE RIVER WITH EXCLUSIVE USE OF CONDO OWNED LAND. SHARED USE OF SEPTIC SYSTEM WITH 3 BEDROOM CAPACITY FOR THIS PARCEL. BUYER TO ASSUME 1/2 COAST OF SEPTIC INSTALLATION AND TOTAL COST OF LINE TO HOUSE.
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| Sep 13, 2002 | Listed by Coldwell Banker Realty - Newburyport | $700,000 | |
| Listed by Coldwell Banker Realty - Newburyport | |||
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ANNISQUAM RIVER LOT 400' WATER FRONTAGE AND SANDY BEACH. PRIVATE AREA. 3.4+- ACRES.EXCLUSIVE USE OF CONDO OWNED LAND. SHARED USE OF SEPTIC W/3 BR CAPACITY.NEW WELL.VIEWS OF ANNISQUAM RIVER AND LITTLE RIVER. IN ESTATE AREA.
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