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2244 Quincy Ln
About This Property
A great getaway for you and your family! Just over 1 Acre of land near Pymatuning Lake. There is an electrical panel already in at the road and (2) RV electrical hookups on site. Shed on the property has electric! Additional gravel recently added to the driveway. Much of the property has been cleared/brush hogged for your enjoyment!
No water or septic/sewer on the property. Public sewer is just about two blocks away per seller.
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Cap Rate Calculator
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 |
---|---|---|---|
Jun 8, 2024 | Sold | ||
Sold | |||
Apr 23, 2024 | Price Decreased |
$29,900
↓ $10K
(24.3%) | |
Price Decreased | |||
Feb 20, 2024 | Listed by BURGAN REAL ESTATE | $39,500 | |
Listed by BURGAN REAL ESTATE |
Property Highlights
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Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
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Building Info
