225 Locke 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 |
|---|---|---|---|
| Mar 29, 2019 | Sold | ||
| Sold | |||
| Feb 11, 2019 | Listed by LAER Realty Partners | $287,000 | |
| Listed by LAER Realty Partners | |||
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This 4-Bedroom Septic System home was originally a 3-Bedroom house and only needs a wall to be 3-Bedroom again. Just minutes from Rt 119, Rt 2, and The Pines Campground, this Cape sits on just under 2 acres in private yet perfect commuter location. With a bit of country flare, this property features a Screened-in Porch/Breezeway and 2-Car Attached Garage and many updates including Roof, Vinyl Siding, Vinyl Windows, HW, Carpets and Bathroom Vanity. Front-to-back LR provides tons of space for entertaining or revert back to 3rd Bedroom. Kitchen offers plenty of Cabinet Space and opens into the Dining Area boasting Exposed Beams, Knotty Pine Chair Rails and stunning Hardwood Floors. Clean, unfinished basement offers plenty of storage space or a great spot to set up a workshop. This gem offers great value and amazing opportunity for first time home buyers or downsizers. Don’t miss your chance to own this home!
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| Sep 6, 2018 | No longer available | - | |
| No longer available | |||
| Aug 22, 2018 | Listed by Keller Williams Realty - Merrimack | $299,000 | |
| Listed by Keller Williams Realty - Merrimack | |||
| Nov 30, 2017 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017