Lot 2 Pine 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 |
|---|---|---|---|
| Aug 3, 2023 | Temporarily off market | - | |
| Temporarily off market | |||
| Feb 24, 2023 | Listed by Gallagher Real Estate | $489,000 | |
| Listed by Gallagher Real Estate | |||
| | |||
| Jan 1, 2023 | No longer available | - | |
| No longer available | |||
| Jun 27, 2022 | Listed by Gallagher Real Estate | $450,000 | |
| Listed by Gallagher Real Estate | |||
| | |||
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Here it is. A terrific opportunity to own a new one level Ranch Style Home in a great location in Belchertown. Great lot, terrific soils and minutes to The Mass Pike. Located in an area of fine new homes. Act now to customize this house print to fit your needs
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| Jun 10, 2005 | Sold | ||
| Sold | |||
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