LOT2 Whiting Road
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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 |
|---|---|---|---|
| Mar 20, 1999 | Sold | ||
| Sold | |||
| Jan 19, 1999 | Listed by Emerson REALTORS® | $56,000 | |
| Listed by Emerson REALTORS® | |||
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HORSES. PRIME LOT FOR HORSES. 5 ACRES SURROUNDED BY STONE WALLS. SEPTIC DESIGN DONE. NEXT DOOR NEIGHBOR HAS 10 ACRES WITH HORSES. ALL OPEN FIELDS. A MUST SEE IF YOU WANT HORSES. BUILD YOUR OWN DREAM FARM.
| |||
| Jul 17, 1998 | Listed by Emerson REALTORS® | $56,000 | |
| Listed by Emerson REALTORS® | |||
| | |||
|
HORSES. PRIME LOT FOR HORSES. 5 ACRES SURROUNDED BY STONE WALLS. SEPTIC DESIGN DONE. NEXT DOOR NEIGHBOR HAS 10 ACRES WITH HORSES. ALL OPEN FIELDS. A MUST SEE IF YOU WANT HORSES. BUILD YOUR OWN DREAM FARM.
| |||
| Jan 7, 1998 | Sold | ||
| Sold | |||
| Nov 5, 1997 | Listed by Emerson REALTORS® | $45,000 | |
| Listed by Emerson REALTORS® | |||
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THE LAST LOT LEFT OUT OF SEVEN LOTS QUIET AREA WITH NEW HOMES ALL AROUND 4 MINUTES TO 395 YET STILL OUT IN FARMLAND LOT GREAT LOT FOR SMALL FARM OR HORSE RANCH
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