Lot 2 Union Meadows Road
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 |
|---|---|---|---|
| Dec 1, 2017 | Sold | ||
| Sold | |||
| May 26, 2017 | Sold | ||
| Sold | |||
| Apr 5, 2017 | Listed by Afonso Real Estate | $679,900 | |
| Listed by Afonso Real Estate | |||
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WELCOME TO FRANKLIN'S NEWEST 7 HOME SUBDIVISION UNION MEADOWS! GORGEOUS NEW CONSTRUCTION IN A PREMIER LOCATION SITUATED ON ONE ACRE LOTS +/-. THESE CUSTOM HOMES OFFER OUTSTANDING QUALITY, SOPHISTICATED STYLE AND EXTRAORDINARY CRAFTSMANSHIP THROUGHOUT. GORGEOUS CUSTOM KITCHEN WITH STAINLESS STEEL APPLIANCES, CUSTOM FINISHED TRIM, GENEROUS ALLOWANCES,2.5 BATHS & MORE. THIS HOME IS BEING OFFERED AT AN EXCEPTIONAL PRE CONSTRUCTION PRICE, LOCAL DEVELOPER COMMITTED TO EXCELLENCE AND SUPERIOR QUALITY. CALL TO SET UP A BUILDERS MEETING.....OTHER HOME STYLES AND LOTS ARE AVAILABLE. ONE ACRE +/- LOTS
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| Dec 16, 2016 | Listed by Century 21 Commonwealth | $649,900 | |
| Listed by Century 21 Commonwealth | |||
| Sep 16, 2016 | Sold | ||
| Sold | |||
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