Lot 2 Ludlow 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 |
|---|---|---|---|
| Dec 1, 2010 | Sold | ||
| Sold | |||
| Aug 2, 2010 | Listed by George & Company | $83,900 | |
| Listed by George & Company | |||
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Executive lot abutting the soon to be finished Cold Spring Golf Course. This endearing location is suitable for distinctive development. Land is free and clear of restrictive covenants. Seller prefers to sell all eight lots as a package and will discount price accordingly. Call listing agent for more details. One of 8 luxury lots surrounding Cold Spring Golf Course - Owner offers all 8 lots at $599,000.
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| Mar 6, 2007 | Sold | ||
| Sold | |||
| Jan 22, 2007 | Listed by Landmark, REALTORS® | $94,900 | |
| Listed by Landmark, REALTORS® | |||
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Beautiful country lot in desired location of Belchertown. Conveniently close to Mass Pike entrance. Plot plan in office, call for more information.
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Address: 335 Madison Avenue, New York, NY 10017