Lot 2 Morgan Road
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 |
|---|---|---|---|
| Sep 17, 2010 | Sold | ||
| Sold | |||
| Jun 3, 2009 | Listed by Scarfo Real Estate, Inc. | $112,900 | |
| Listed by Scarfo Real Estate, Inc. | |||
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Almost 3.5 acre Building Lot in West Springfield. Convenient Location. Town Water and Sewer at Street. Lot has been through conservation. Wetland deliniation map available. Build your dream home here. Selling below assessed value.
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| Dec 2, 2004 | Sold | ||
| Sold | |||
| Apr 29, 2004 | Listed by Delap Real Estate LLC | $129,900 | |
| Listed by Delap Real Estate LLC | |||
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Looking for privacy and convenience? Beautiful wooded 3.6 acre lot close to 91 and shopping. Build your dream home among the trees.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017