LOT 2 Wallace Hill
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 13, 2005 | Sold | ||
| Sold | |||
| Apr 11, 2003 | Sold | ||
| Sold | |||
| Jan 25, 2002 | Listed by RE/MAX Colonial | $369,900 | |
| Listed by RE/MAX Colonial | |||
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ADMIRED LOCATION SOON TO BE SITE OF LURVEY&SONS NEW COLONIAL MASONRY FP,CUSTOM MANTLE,2X6,ARCH SHGLS,TILED FOYER,HDWD IN LR/DR.WALKUP ATTIC FOR FUTURE FINISH.HOME WILL BOAST LARGE MAHOGANY SITTING PORCH W/COLUMNS 2 ENJOY SETTING.REVERSE PLN
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| Jun 23, 1997 | Sold | ||
| Sold | |||
| Jun 2, 1996 | Listed by Coldwell Banker Residential Brokerage - Groton | $59,900 | |
| Listed by Coldwell Banker Residential Brokerage - Groton | |||
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BEAUTIFUL LOT IN AREA OF LOVELY HOMES & HORSE PROPERTIES LOT WILL BE APPROX 5 AC- TO BE FRONT PORTION OF 10 AC LOT SHOWN IN DIAGRAM. 300' FRONTAGE. PERC & DEEP. PRESENTLY IN 61A. MOSTLY WOODED.
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