Lot 2 Berry Corner 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 |
|---|---|---|---|
| Jan 8, 2011 | Listed by ALL WORTH REALTY | $319,900 | |
| Listed by ALL WORTH REALTY | |||
| Jan 20, 2010 | Sold | ||
| Sold | |||
| Sep 11, 2009 | Listed by Peoples Broker Realty | $44,900 | |
| Listed by Peoples Broker Realty | |||
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LAND SOLD AS A PACKAGE DEAL WITH MLS:70974790 & 70974797 & 70975956 FOR $85,000 HAVE YOU BEEN THINKING OF BUILDING YOUR DREAM HOME ON A GREAT BIG BEAUTIFUL LOT IN A DESIRABLE NEIGHBORHOOD & A WONDERFUL TOWN? WELL HERE IT IS. DON'T WALK, RUN TO YOUR CAR & COME SEE THIS MAGNIFICENT PROPERTY. THIS LOT IS HAS 175 FEET OF ROAD FRONTAGE W/FULL SEPTIC PLANS FOR A 4BEDRM HOME! PRICED BELOW EXPECTED MARKET VALUE FOR A QUICK SALE. CALL NOW FOR DETAILS!
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