Lot 12-23 Gerrish Road
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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 |
|---|---|---|---|
| Jun 4, 2020 | Sold | ||
| Sold | |||
| May 1, 2020 | Listed by Keller Williams Gateway Realty | $25,000 | |
| Listed by Keller Williams Gateway Realty | |||
| Apr 3, 2019 | No longer available | - | |
| No longer available | |||
| Mar 22, 2018 | Listed | $40,000 | |
| Listed | |||
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Escape to the tranquility of the woods! Enjoy all that Blackwater River has to offer; fishing, swimming, kayaking, canoeing, or sit in your Adirondack chair, read a book and listen to the water and wildlife. Make this your own private campsite.
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About Merrimack
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Last Updated Date: 2020-06-04
Last Checked: 8 hours ago
Data Source: Prime MLS, MLS# 4803449
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017