Lot 2 Stonington Drive
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 |
|---|---|---|---|
| May 6, 2016 | Sold | ||
| Sold | |||
| Dec 1, 2015 | Listed by Berkshire Hathaway HomeServices Realty Professionals | $163,900 | |
| Listed by Berkshire Hathaway HomeServices Realty Professionals | |||
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Beautiful lot in gorgeous, upscale sub-division, an area of outstanding homes. Convenient to Mass Pike and 91. (See listing agent who lives in the area) near Red Gap and Falcon Heights.) Bring your own builder. No minimum square footage requirements.
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| Aug 17, 2010 | Sold | ||
| Sold | |||
| Apr 16, 2010 | Listed by Real Living Realty Professionals, LLC | $175,000 | |
| Listed by Real Living Realty Professionals, LLC | |||
| Nov 10, 2000 | Sold | ||
| Sold | |||
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