263 Laconia 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 |
|---|---|---|---|
| Oct 13, 2016 | Sold | ||
| Sold | |||
| Dec 19, 2015 | Listed by Bean Group / Meredith | $44,000 | |
| Listed by Bean Group / Meredith | |||
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A great residential home or commercial lot that formerly had a home on it. Mostly level and open. Create a home business or not. The location is good, nestled between the discount and outlet malls, Lochmere Golf Course, and the Lakes. The property has a natural fit for a variety of uses. The back side of the lot abuts the Rail Road tracks allowing for direct access to the Corridor 9 Trail System. Billboard Rental Income is a possibility. Public Sewer and Natural Gas are on Laconia Road. Great Lot For The Potential And Price! Come see this charming lot with a driveway in place. Former home on the property was removed. Come see it before it is gone - It May Be The Perfect Lot To Fit Your Needs.
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| Oct 30, 2015 | Sold | ||
| Sold | |||
| Apr 26, 2015 | Listed by Coldwell Banker Realty Gilford NH | $21,900 | |
| Listed by Coldwell Banker Realty Gilford NH | |||
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Prime location for your next business. Traffic count of 25,000 cars a day and just 1 mile to Interstate 93. acre lot with high visibility. Possibility for owner financing. Agent related to the Seller.
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| Feb 20, 2015 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017