Lot 20 Stonecleave 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 |
|---|---|---|---|
| Oct 26, 2016 | Sold | ||
| Sold | |||
| Jun 1, 2016 | Listed by Coco, Early & Associates | $335,000 | |
| Listed by Coco, Early & Associates | |||
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Exceptional location for this 2.06 acre buildable lot where you can customize your new home in an established residential neighborhood in rural Boxford. You will enjoy the privacy of this space with frontage on Towne Pond and can enjoy the area's scenic wildlife from this wooded, rolling lot. Towne pond is a large shallow pond straddling Boxford and North Andover and supports a wide variety of plants and animals. A deep hole test has been completed, the perk test, well and septic design are initiated. The town also has to asses the property to determine taxes and assessed value. Check out this fabulous location in the heart of Boxford. Your new home awaits your dreams!
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| Aug 27, 1992 | Sold | ||
| Sold | |||
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Address: 335 Madison Avenue, New York, NY 10017