18 Morgan Cir #LOT1
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 21, 2016 | Sold | ||
| Sold | |||
| Dec 14, 2015 | Listed by Coldwell Banker Realty - Chicopee | $309,900 | |
| Listed by Coldwell Banker Realty - Chicopee | |||
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Brand new subdivision called Morgan Circle along the Chicopee River. Larger sized lots out more in the woods of Chicopee. This will be our Model Home. Will see some larger colonial and cape style homes and some executive ranches built here but this pricing for this home is a more moderate price range and a lot for the money. Finished family room in lower level and a 3 car garage!!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017