Lot 2 Market Hill
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 21, 2021 | Sold | ||
| Sold | |||
| Sep 2, 2021 | Listed by Compass | $150,000 | |
| Listed by Compass | |||
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Our builder or yours - the perfect New England setting! Located in N Amherst this large, open lot has a beautiful back drop of mature trees defining it's back border. A flag lot offering public water and a resent perc - it's ready to go. Minutes to Amherst center, major routes, shopping and area schools - it's an A+ location.
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| Jun 20, 2014 | Sold | ||
| Sold | |||
| Jun 24, 2013 | Listed by Jones Group REALTORS® | $195,000 | |
| Listed by Jones Group REALTORS® | |||
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Wooded parcel with view of reservoir. Convenient to UMass and Amherst. A marriage of country and suburbia.
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Address: 335 Madison Avenue, New York, NY 10017