20 Southfield 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 |
|---|---|---|---|
| Jul 29, 2016 | Sold | ||
| Sold | |||
| Apr 15, 2015 | Sold | ||
| Sold | |||
| Dec 18, 2012 | Sold | ||
| Sold | |||
| Apr 24, 2012 | Listed by The Higgins Group REALTORS® | $549,000 | |
| Listed by The Higgins Group REALTORS® | |||
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ONLY A CRUMPET’S THROW FROM DOWNTOWN CONCORD! Rare building opportunity in sought-after Southfield neighborhood, close to transportation, restaurants, shopping!! Newly subdivided 10031 SF buildable level lot PLUS an attached 3180 SF parcel for landscape/recreation use. (MSRD Plan 680 0f 2011). With nothing to demolish, and approved septic plan for 4 BR home, Order of Conditions, professional survey and recorded plan all available, there should be no delays.
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