LOT 2 North Valley 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 |
|---|---|---|---|
| Oct 2, 2015 | Sold | ||
| Sold | |||
| May 14, 2015 | Listed by 5 College REALTORS® | $149,900 | |
| Listed by 5 College REALTORS® | |||
| | |||
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Beautiful sun drenched Double Lot with 4.36 acres in Pelham, only 10 minutes to Amherst center yet country abounds! Partially cleared and located on the most desirable and scenic section of upper North Valley Road with views to the South, West and North. Perfect for passive solar and Geo-Thermal technology. Excellent perc test in dry, clean sand allows for low-cost septic, easy excavation, and a dry basement with great walk-out capabilities. Great southern exposure and miles of hiking trails right outside the door! Access the Mondadnock and Robert Frost Trails, Buffam Falls Conservation Area, and the Mount Orient Lookout. Incredible privacy...the parcel is surrounded by conservation and woodlands. This is a rare find in a great location and a perfect lot for a Custom home. Build on one lot now and hold on the the other - you never know what your future needs will be!
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| Jun 28, 2000 | Sold | ||
| Sold | |||
| Jun 9, 1999 | Listed | $59,000 | |
| Listed | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017