218 Massey 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 |
|---|---|---|---|
| Sep 17, 2021 | Listed by Bean Group / Vermont | $150,000 | |
| Listed by Bean Group / Vermont | |||
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| Aug 23, 2018 | No longer available | - | |
| No longer available | |||
| Jul 10, 2018 | Sold | ||
| Sold | |||
| Jun 11, 2018 | Listed | $120,000 | |
| Listed | |||
| | |||
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Country Ranch on 2.30 level land. Features a spacious and sunny Living room, Kitchen with appliances. Dining, 2 Bedrooms and Full. Comfortable enclosed porch overlooking the yard. Many upgrades such as hot water heater, new bath, Vinyl windows and propane boiler. Lead paint has been tested throughout and passed in 2011. Septic tank is a 750 gal concrete tank and inspected and pumped in July of 2014 and no one has lived there since. Water was tested in 2005 and passed. Gas Tank underground and up to code. Peace and quiet would be a good description for this Sweet Ranch/Cottage The manager has listed the unit size as 873 square feet.
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| May 10, 2018 | Listed by Barrett & Valley Associates, Inc/Sprin | $120,000 | |
| Listed by Barrett & Valley Associates, Inc/Sprin | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017