26 Riedell 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 |
|---|---|---|---|
| Jul 15, 2004 | Sold | ||
| Sold | |||
| Feb 17, 2004 | Listed by Susan A. Flynn & Associates | $225,000 | |
| Listed by Susan A. Flynn & Associates | |||
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8.5 ACRES OF RRIME COMMERCIAL LAND WITH 500 FEET FRONTAGE LOCATED MINUTES FROM ROUTE 146 AND THE MASS PIKE LAND WAS PERKED IN 1985 AND RESULTS WERE EXCELLENT PER OWNER. CALL FOR FURTHER INFO.
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