Lot 2A Grant St
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 |
|---|---|---|---|
| Mar 30, 2016 | Sold | ||
| Sold | |||
| Dec 5, 2015 | Listed by Lamacchia Realty, Inc. | $83,500 | |
| Listed by Lamacchia Realty, Inc. | |||
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South Leominster Building Lot (one of two lots for sale - See Lot 3A). Over 1/2 acre with 100 feet of street frontage. Buyer responsible for due diligence, conservation commission approval, building permit, etc. Easy access location.
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| Dec 8, 2000 | Sold | ||
| Sold | |||
| Sep 13, 2000 | Listed | $209,900 | |
| Listed | |||
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25 YR ARCHITECTUAL SHINGLES $3200.00 CABINET ALLOWANCE. $600 LIGHTING ALLOW. $16.00 YD CARPET ALLOW. $17.00 VINYL ALLOW. FIREPLACE, 28X24 2 CAR GARAGE. PAVED DRIVE & WALKWAY 12X12 PRESSURE TREATED DECK. PRIVATE WELL WATER.
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