2 Leon's Way Lot 5
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 27, 2021 | Sold | ||
| Sold | |||
| Jan 18, 2020 | Listed by FlyHomes, Inc. | $315,000 | |
| Listed by FlyHomes, Inc. | |||
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Welcome to Hopkinton! Best known as the starting point of the Boston Marathon! Build a home on this 1.475 Acres lot and join the other 2 homes on this cul de sac. Private water and sewer. Electric is at the lot. HOA fee of $500 per year covers road maintenance which includes snow plowing. Town of Hopkinton picks up trash and recycling on regular town pick up schedule. See documents attached. Easy access to 495. Close to Hopkinton Country Club. Buyer & buyer's agents to confirm all information. Do not go on property without an appointment.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017