lot 186 Davis Hill Road
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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 |
|---|---|---|---|
| Nov 8, 2013 | Sold | ||
| Sold | |||
| Mar 30, 2013 | Listed by J.Gagnon Real Estate Associates | $105,000 | |
| Listed by J.Gagnon Real Estate Associates | |||
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HUGE PRICE DROP ON PRETTIEST LOT IN PAXTON! Hard to find, open mostly level lot on quiet side street with amazing sunset views. 200 x 300 sq ft of farmland with appoved gravity fed septic design.You will have a level driveway with the septic at the back of the gently sloping lot. Lot is staked. In area of newer homes - walk to bird conservatory and Moore State Park. Adjacent to one of the oldest farms in Paxton. Subject to seller's approval of home design.
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| Feb 9, 2010 | Listed | $165,000 | |
| Listed | |||
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Land is Temporarily Withdrawn due to family matter. Be back soon. Beautiful Lot in a desired location of Davis Hill Road. Amazing location abutted by Meadows and Farm Land. Less than 1/2 mile to quaint Paxton Center. An absolute MUST SEE for Homeowners looking to make their Dream Home!!! Lot is Staked, Perked and has a Septic Design on file for a 5 Bedroom home. Contact listing agent for copy of Plot plan or Septic design. Builders it is an easy Buy, Build and Flip.
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