LOT 2 Mendon Road
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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 |
|---|---|---|---|
| Jun 10, 2011 | Sold | ||
| Sold | |||
| Apr 30, 2011 | Sold | ||
| Sold | |||
| Aug 4, 2010 | Listed by Afonso Real Estate | $379,900 | |
| Listed by Afonso Real Estate | |||
| Mar 3, 2008 | Listed by Keller Williams Elite | $379,900 | |
| Listed by Keller Williams Elite | |||
| | |||
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OVER 2,500 SQ FT COLONIAL SET ON QUIET COUNTRY ROAD ON OVER 3 ACRES. 4 BEDROOMS, 2.5 BATHS, 2 CAR ATTACHED GARAGE, 12X12 DECK. HARDWOOD IN FOYER AND DINING ROOM WITH TILE IN KITCHEN AND BATHS. QUALITY BUILDER, GENEROUS ALLOWANCES. CALL OFFICE FOR MORE INFO.
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| Dec 24, 2007 | Sold | ||
| Sold | |||
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