1
Map
Lot 2 Greenwich 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 |
|---|---|---|---|
| May 1, 2009 | Sold | ||
| Sold | |||
| Jan 15, 2008 | Listed by Coldwell Banker Realty - Longmeadow | $1,065,000 | |
| Listed by Coldwell Banker Realty - Longmeadow | |||
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This is just one of many plans available for lots 2, 3, and 4 Colony Hills. A blend of wood, shingles and stucco conjures up the image of a rustic yet elegant French estate.
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| Jan 25, 2006 | Sold | ||
| Sold | |||
| Mar 11, 2005 | Listed by Coldwell Banker Realty - Longmeadow | $450,000 | |
| Listed by Coldwell Banker Realty - Longmeadow | |||
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COLONY HILLS. FIVE LUXURY LOTS. THREE IN LONGMEADOW, TWO IN SPRINGFIELD. LOTS INDIVIDUALLY PRICED. HOMES TO BE BUILT BY QUALITY BUILDER R.E. LAPLANTE CONSTRUCTION, LOTS FULLY APPROVED.
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