Lot 2 Framingham 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 |
|---|---|---|---|
| Oct 29, 2014 | Sold | ||
| Sold | |||
| Jul 1, 2013 | Listed by eXp Realty | $464,900 | |
| Listed by eXp Realty | |||
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Second home of nine homes to be built by well known builder with over 35+ years experience at Walker Estates! Generous allowances, custom features. Molding detail, wooded views, Great commuter location, just five miles from the Pike! Plot plan, floor plan and specs attached
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