Lot 2 Oak Street
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 |
|---|---|---|---|
| Jul 8, 2016 | Sold | ||
| Sold | |||
| Jan 28, 2016 | Sold | ||
| Sold | |||
| May 12, 2015 | Listed by Keller Williams Realty | $100,000 | |
| Listed by Keller Williams Realty | |||
| Apr 9, 2015 | Listed by ERA Key Realty Services | $42,000 | |
| Listed by ERA Key Realty Services | |||
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Owner will entertain all offers! Great opportunity to build your Dream Home. This 2+ acre lot is located on Scenic Oak Street. The area is a mixture of newer larger homes and nostalgic farms of yesteryear. Near the waterslides and picnic areas. Central location. Easy access to Route 16 and Route 290. 20 minutes to the Mass Pike. 40 minuntes to Providence, 25 minutes to Worcester and 1 hour from Boston.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017