LOT #2 Tower Hill Rd
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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 |
|---|---|---|---|
| Apr 27, 2021 | Sold | ||
| Sold | |||
| Sep 28, 2019 | Listed by RE/MAX Prof Associates | $59,900 | |
| Listed by RE/MAX Prof Associates | |||
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Lovely 1.58 acre lightly wooded lot in residential neighborhood of pretty homes. This is a gorgeous flat lot which has been perced. Two lots were available, but adjacent lot has been sold, and construction is in process. This would be an outstanding setting for your dream home in the charming town of Brimfield! Fabulous value - priced well below tax assessment. Easy highway access. In Tantasqua/Union 61 school system. 10+/- minutes from Mass Pike East and West exits. Perc information available.
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| Dec 22, 2003 | Sold | ||
| Sold | |||
| Sep 23, 2003 | Listed by Sullivan & Wallace Real Estate | $79,900 | |
| Listed by Sullivan & Wallace Real Estate | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017