Lot 2 Range Avenue
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 23, 2024 | Sold | ||
| Sold | |||
| Aug 27, 2024 | In contract | - | |
| In contract | |||
| Aug 26, 2024 | Listed by Southbrook Realty Group, Inc | $210,000 | |
| Listed by Southbrook Realty Group, Inc | |||
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Beautiful Gently Sloping, Wooded 1.382 Acre Lot (60,191 sq ft) on Range Avenue; Trees are cut; Passing perc test in hand; Septic design to be included just provide the footprint for your home; Very Small area of wetlands at far back of property (probably less than approximately 100 sq ft); Public water, private sewer and electric at the street.
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| Jun 15, 2017 | Sold | ||
| Sold | |||
| Jan 28, 2017 | Listed by Real Broker MA, LLC | $359,900 | |
| Listed by Real Broker MA, LLC | |||
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NEW CONSTRUCTION--IT IS FRAMED-READY FOR FINISHED WORK-The Main Floor is 28 x 48, lower level is 26 x 48, two car garage, 3 Full Baths, Hardwood floors on the first floor, hardwood stairway, oak treads, oak newel post, and oak railings, painted bannister & railings. Propane heat and cooking. Electric hot water heater. Finished lower level family room with walkout. Come pick your Colors!!!
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