1
Map
25 Bernard Ln
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 |
|---|---|---|---|
| Nov 23, 2023 | No longer available | - | |
| No longer available | |||
| Oct 14, 2023 | Price Decreased |
$575,000
↓ $24K
(4%) | |
| Price Decreased | |||
| Jul 14, 2023 | Price Decreased |
$599,000
↓ $20K
(3.2%) | |
| Price Decreased | |||
| Jun 21, 2023 | Listed by Keller Williams Realty of Newport / East Bay / North Kingstown | $619,000 | |
| Listed by Keller Williams Realty of Newport / East Bay / North Kingstown | |||
| | |||
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Bright and sun-filled can only describe this Ranch style home conveniently located in Little Compton. Welcome to 25 Bernard Lane (Plat 1 Lot 113) sold as a package with 12 Francis Lane (Plat 1 Lot 125 VACANT LOT) which features a special home that enjoys westerly facing views of Almy Pond from the large rear deck, open floor plan, 2 bedrooms, 1 full bath, wood stove perfect for the winter and 1 car garage. A new septic system is needed, 4 bedroom septic plan will be provided to the buyer and there is a potential for second floor expansion with 180 degree water views. Many possibilities exist with the extra lot that could include an accessory building/garage. A great opportunity for primary or vacation home. The manager has listed the unit size as 1152 square feet.
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| Jan 5, 2023 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017