Lot 189 Amherst Rd
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 |
|---|---|---|---|
| Sep 23, 2021 | Sold | ||
| Sold | |||
| Jun 8, 2021 | Listed by Delap Real Estate LLC | $180,000 | |
| Listed by Delap Real Estate LLC | |||
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Here is your opportunity to own three possible building lots on an 18.4-acre lot in Leverett! Partially cleared and mostly wooded with a mix of hardwood trees and a seasonal brook running through. Located only four miles north of the UMass campus and close to downtown Amherst and shopping areas. Leverett Lake is nearby as well as the Cherry Hill golf course. Each possible lot has been perced in three places. Surveyed on the north side and marked boundaries.
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Address: 335 Madison Avenue, New York, NY 10017