Lot 2 Paradise Place
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 27, 2018 | Sold | ||
| Sold | |||
| Jun 8, 2018 | Listed by Premeer Real Estate Inc. | $109,500 | |
| Listed by Premeer Real Estate Inc. | |||
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Welcome to Paradise Place! Lot 2 is one of a 4 Lot Subdivision located in a Private Cul-de-Sac in Princeton. A Private, Wooded 2.5 Acre Parcel of Land abutting the Leominster State Forest and Lot #1. The Land was Perked in the Summer of 2015. Close Proximity to Hiking Trails in Leominster State Forest and Paradise Pond. Just minutes away from Wachusett Mountain for year round events as well as hiking, skiing & and snowboarding. Convenient access to Route 2, T-Station and Area Amenities; Restaurants and Shopping. Come Home to your own Paradise!
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| Jun 15, 2006 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017