232 Wallum Lake Road
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 |
|---|---|---|---|
| Aug 11, 2025 | Sold | ||
| Sold | |||
| Jul 7, 2025 | In contract | - | |
| In contract | |||
| Jul 5, 2025 | Price Decreased |
$544,999
↓ $5K
(0.9%) | |
| Price Decreased | |||
| Jun 18, 2025 | Listed by Lindsey Sarah Realty Group | $549,999 | |
| Listed by Lindsey Sarah Realty Group | |||
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Welcome home to this colonial nestled in the woods within distance of Wallum Lake! This well loved colonial sits on 5.85 acres of land and is close to Wallum Lake. Beautiful, freshly painted front door against a fresh exterior paint color. Gleaming hardwood floors, bright entrance, opening to a country-oak cabinet kitchen and cool tile bathrooms. Peninsula perfect for entertaining and access to the backyard.HUGE family room for entertaining and three oversized bedrooms. Enjoy the outdoors with ample land yet close to highway access. Close to Rt.395, Rt.20, Rt.146 and the Mass Pike. Make your appointment today! This gem will not last!!!
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| Jul 29, 2004 | Sold | ||
| Sold | |||
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