18 Pineswamp Road
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 |
|---|---|---|---|
| Feb 29, 2024 | Sold | ||
| Sold | |||
| Mar 21, 2023 | In contract | - | |
| In contract | |||
| Dec 15, 2022 | Listed by Keller Williams Realty Evolution | $399,000 | |
| Listed by Keller Williams Realty Evolution | |||
| | |||
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This land offers a perfect opportunity to build your dream home and live close to Turkey Hill Conservation area - which includes 23 acres of hiking trails and fun. As an Ipswich resident you can enjoy Cranes Beach, shopping at the local farms, great restaurants, and the commuter train. This property is close to Route 1 for easy access to points north and south
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| Apr 18, 2008 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017