2 Mitchell Hill Rd
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 |
|---|---|---|---|
| Nov 10, 2010 | Sold | ||
| Sold | |||
| Apr 7, 2010 | Listed by Coldwell Banker Realty - Worcester | $458,800 | |
| Listed by Coldwell Banker Realty - Worcester | |||
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Endless possibilities with this beautiful parcel of land just over The Sturbridge line in Brookfield. Approx 70 acres of land, according to owner, includes 2,000 sq ft of frontage, 30 acres of rolling open cropland. Remaining acreage is woodland with small brook and some wetlands. Property currently assessed under Chapter 61A tax law. Just 6 miles from Rt 20 Sturbridge. Approx 3 miles from Rt 9 Brookfield.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017