Lot #22 Shining Rock Drive
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 |
|---|---|---|---|
| Nov 30, 2006 | Sold | ||
| Sold | |||
| Feb 6, 2006 | Listed by Berkshire Hathaway HomeServices Town and Country Real Estate | $240,000 | |
| Listed by Berkshire Hathaway HomeServices Town and Country Real Estate | |||
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Another Great opportunity to build at SHINING ROCK GOLF COMMUNITY in Northbridge. The location of this lot over looks the valley, spectacular sunsets and the Fairway.Shining Rock is located with in minutes of Routes 140, 122, and 495 at Hopkinton. Located at the northern end near Grafton and Upton. TOWN WATER --- TOWN SEWER --- NATURAL GAS- WHITMAN HOMES -CAN CONSTRUCT OTHER DESIGNS ON THIS LOT IF DESIRED, starting middle 600's depending on lot cost.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017