Lot 2 Prospect Hill
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 16, 2020 | Sold | ||
| Sold | |||
| May 26, 2017 | Listed by Coldwell Banker Realty - Westford | $350,000 | |
| Listed by Coldwell Banker Realty - Westford | |||
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Prime historic hillside location in an area of large estates, vast conservation holdings of 100+ acres with trail networks, land slopes northwesterly for seasonal views, radiant sunsets, and with some tree removal or topping - mountain views! This 2 acre lot is available with the proposed 5 bedroom septic design for $350,000. Or, Buyer has choice to purchase the total 19 acres, soil testing to date proves 4 lots and septic capabilities for 20 bedrooms. Perfect site for a private estate, luxury condominiums, equestrian center with expansive trails for horseback riding, hiking, bird watching, or a combination including a few private house lots for selling or holding for future sales or gifting to family members. See MLS #72171058
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| May 28, 2015 | Sold | ||
| Sold | |||
| Feb 17, 2015 | Sold | ||
| Sold | |||
| Nov 13, 2014 | Listed by Harvard Realty | $249,000 | |
| Listed by Harvard Realty | |||
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Attention Builders! New price for this great lot with low development cost with 4 bedroom septic in hand. Exceptional 4.6 acres on one of Harvard's most sought after roads. Westerly views to the mountains and breathtaking sunsets can be yours. Just down the street from Fruitlands Museum and Non profit farm. Buy the land and build your dream house - ready to go with 4 Bedroom septic system design in hand. Lot is subdivided off larger parcel - Taxes and Registry description to come later. Please do not walk land without agent. Small barn on property.
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Address: 335 Madison Avenue, New York, NY 10017