185 West 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 |
|---|---|---|---|
| Apr 5, 2019 | Sold | ||
| Sold | |||
| Dec 3, 2018 | Listed by Steepleview Realty | $399,900 | |
| Listed by Steepleview Realty | |||
| | |||
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Horse lovers opportunity! Live your dream. Affordably priced! Centrally located, completely renovated farm house, newly built metal barn, 5 horse stalls, fields, paddocks and a riding arena! Move right into to this cozy cape with original maple tongue & groove floors finished to a beautiful sheen. All mechanics updated, SOLAR electric, covers all buildings on the property for a very small price. 22 acres of beautiful land to ride, run a business, or enjoy life.
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| Sep 8, 2018 | Listed by Berkshire Reciprocal | $425,000 | |
| Listed by Berkshire Reciprocal | |||
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