Lot 2 Rindge Turnpike
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 |
|---|---|---|---|
| Jan 26, 2009 | Sold | ||
| Sold | |||
| Nov 19, 2008 | Listed by LAER Realty Partners | $39,900 | |
| Listed by LAER Realty Partners | |||
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Seller Says "SELL"!! Unbelievable opportunity to purchase an approved building lot. 6.37 acres of privacy, nearly 800 feet of private road frontage, located near the Ashby Town line, close to Route 119 and just minutes from Fitchburg and Route 2. Abutting 3.48 acre Approved building lot also for sale. See MLS #70848581. Both lots to convey with approved/valid septic permits for three bedroom home.
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| Jan 30, 1998 | Sold | ||
| Sold | |||
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