Lot 28 Ridge Road
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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 |
|---|---|---|---|
| Feb 28, 2018 | Sold | ||
| Sold | |||
| Aug 30, 2017 | Listed by New Colony Real Estate | $189,000 | |
| Listed by New Colony Real Estate | |||
| | |||
|
1+ acre lot in quiet well established subdivision! Close to 495 and shopping. Gas hook up available on street. Building permits and plans are in hand!!!
| |||
| Jun 17, 2016 | Sold | ||
| Sold | |||
| Apr 10, 2016 | Listed by Century 21 North East | $170,000 | |
| Listed by Century 21 North East | |||
| | |||
|
Residential lot in an established neighborhood. Public water, gas on the street. This lot is so close to highway access yet nestled in a wonderful newer subdivision.Past perks were great. Past Septic design available.
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| Mar 10, 2011 | Listed by Keller Williams Realty | $169,900 | |
| Listed by Keller Williams Realty | |||
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