Lot 2 Cailan Way
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, 2006 | Sold | ||
| Sold | |||
| Jun 14, 2005 | Listed by Foster-Healey Real Estate | $292,900 | |
| Listed by Foster-Healey Real Estate | |||
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Cailan Way, one of Athol’s newer neighborhoods has another addition coming soon. Construction on Lot 2 HAS BEGUN! Foundation was poured 7/19/05. so come and pick your colors. The property is a 6.5-acre parcel of land with a cart road and lots of wild life to enjoy. The home will sit back from the road so you may enjoy some privacy. Four bedrooms and two and a half baths means there is plenty of room for all. Call now and set an appointment to walk the land and envision your new home.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017