LOT 2 High Street
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 15, 2012 | Sold | ||
| Sold | |||
| Feb 24, 2012 | Listed by RE/MAX Advantage 1 | $49,900 | |
| Listed by RE/MAX Advantage 1 | |||
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BEAUTIFUL 4.1 ACRES! HORSE TRAILS, WALLUM LAKE (4 MILES) & WEBSTER LAKE (1 MILE) BOAT RAMPS, AND DOUGLAS STATE PARK ALL WITHIN MINUTES. BUILD A RETREAT HOME. PRIVACY YET A STONE THROW AWAY TO HILLTOP DRIVE NEIGHBORHOOD OF YOUNG HOMES. PERC TEST IS DONE! GREAT COMMUTER LOCATION TO RTE 395, RTE 146 TO WORCESTER OR PROVIDENCE, AND CT. VERY EASY TO LOCATE AND SHOW.
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