LOT 2 Wells 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 19, 2014 | Sold | ||
| Sold | |||
| May 7, 2010 | Listed by ERA Key Realty Services- Spenc | $260,000 | |
| Listed by ERA Key Realty Services- Spenc | |||
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New Construction! Now in the permit process for this wonderful Split Entry on 1+ acre! Open Kitchen, Dining, Living with Fireplace! Vaulted Ceilings, Early in the process so you can pick your own colors, Upgrades available! 2 Car Under, Located on a wonderful country road! In the terrific Tantasqua school district! Long Time Quality Builder! Call for Plans, and Specs! Photo is of similar home.
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| Mar 29, 2002 | Sold | ||
| Sold | |||
| Sep 6, 2001 | Listed by Empire Real Estate Group | $39,900 | |
| Listed by Empire Real Estate Group | |||
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THIS LOT WAS SOLD WITH LISTING #30539812 . TWO LOTS SOLD FOR A COMBINED PRICE OF $63000, CASH. BUYER TO PAY FOR COST OF PERC AND SEPTIC DESIGN. CLOSE TO TANTASQUA HIGH SCHOOL. LOTS OF ELBOW ROOM, SITUATED BETWEEN TWQ ROADS...
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