23 Nixon Road
About This Property
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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 |
|---|---|---|---|
| Apr 29, 2021 | Sold | ||
| Sold | |||
| Mar 6, 2020 | Sold | ||
| Sold | |||
| Oct 28, 2019 | Listed by Realty Executives Boston West | $349,900 | |
| Listed by Realty Executives Boston West | |||
| Oct 21, 1999 | Sold | ||
| Sold | |||
| Jun 8, 1999 | Listed by ERA Key Realty Services- Fram | $274,900 | |
| Listed by ERA Key Realty Services- Fram | |||
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PRICE CHANGE,NICE LOCATION.MOVE IN CONDITION.FRESH PAINT, W/P.TILED KITCHEN W/SKY LIGHT.OPEN FLOOR PLAN.FRENCH DOORS OPEN TO 12X15 3 SEASON PORCH.ACCESS TO WRAP AROUND DECK FOR SUMMER COOK OUTS.NEW TILED BATHROOM FLOOR.GARAGE OPENERS!!!!
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