Lot 27 Sierra Drive
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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 |
|---|---|---|---|
| Jul 28, 2022 | Sold | ||
| Sold | |||
| Jun 8, 2022 | Listed by Great Island Realty LLC | $169,900 | |
| Listed by Great Island Realty LLC | |||
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Prime location in beautiful Downtown Dover! Just off Central Avenue, you'll find this unique building opportunity on Hill Street to build a single family home OR an approved duplex! A nice community, low-traffic paved road with sidewalks leading in and around downtown Dover! Land is cleared w/fencing at some of the boundary lines, creating great privacy and easy build-ability. Project has been APPROVED by the City of Dover for single-family home or duplex- buyer to follow TDR requirements. Building plans complete for duplex, including 3-D renderings so you can really start to get your imagination running! Dover's bustling downtown is home to lots of cool boutiques, fine restaurants~ including waterfront dining, outdoor play & live entertainment at Henry Law Park, lots of fun at the Children's Museum, art & jewelry galleries, yoga studios & more. Nearby golf courses are some of the highest rated courses in NH! Moments to the stunning New Hampshire seacoast, less than an hour to Boston, and less than an hour to the breathtaking White Mountains of NH. Fantastic opportunity to build what YOU want!
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| May 24, 2022 | No longer available | - | |
| No longer available | |||
| Apr 28, 2022 | Price Decreased |
$205,000
↓ $10K
(4.7%) | |
| Price Decreased | |||
| Mar 12, 2022 | Price Decreased |
$215,000
↓ $5K
(2.2%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017