215 Shepard Rd
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 |
|---|---|---|---|
| Aug 2, 2023 | No longer available | - | |
| No longer available | |||
| May 5, 2023 | Listed by Aucoin Ryan Realty | $17,500 | |
| Listed by Aucoin Ryan Realty | |||
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Lovely site over looking the Sturbridge entrance to the Westville Recreation area providing water views from late fall through early spring. Old foundation existing on the site. Preliminary inquiries to the town have the land listed as vacant and it may not be buildable. All interested parties are strongly advised to do due diligence with the Town and any other authorities as to the suitability of building on this lot. This lot is selling AS IS.
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| Aug 24, 2020 | Sold | ||
| Sold | |||
| Jun 24, 2019 | Listed by Emerson REALTORS® | $35,000 | |
| Listed by Emerson REALTORS® | |||
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Small lot on Shepard Road, buyer to do due dilligance as to buildability. Former house had fire, there is a foundation. Seller will not provide perc test. Selling as is. Owner will look at all offers!
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Address: 335 Madison Avenue, New York, NY 10017