26
Map
2 Bayberry
About This Property
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Cap Rate Calculator
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 |
|---|---|---|---|
| May 20, 2025 | Sold | ||
| Sold | |||
| Apr 4, 2025 | No longer available | - | |
| No longer available | |||
| Mar 29, 2025 | In contract | - | |
| In contract | |||
| Mar 16, 2025 | Listed | $529,000 | |
| Listed | |||
| Feb 10, 2025 | Listed | $1 | |
| Listed | |||
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DISCLOSURE: This land is INCLUDED in the sale of 13 Bayberry Lane. Please refer to MLS #73333874 for more information on the house. Approx. a 1.5+- acre lot on the corner of Bayberry Lane and Dolan Road with over ~200' of frontage on both roads. Located directly across the street from Ramshorn Pond, a 100-acre fully recreational body of water and one of the cleanest in MA. The land is level and partially cleared with a shed towards the back/side of the property. Being attached to the sale of 13 Bayberry Lane (MLS #73333874), this would serve as fantastic overflow parking for summer parties, boat and RV storage, and more! The land may or may not be buildable but all buyers/agents should conduct their own due diligence. The seller and it's agents make no guarantees or representations.
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