290 Minott Rd
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 |
|---|---|---|---|
| Aug 23, 2018 | No longer available | - | |
| No longer available | |||
| Jul 30, 2018 | Sold | ||
| Sold | |||
| Jun 8, 2018 | Listed | $465,000 | |
| Listed | |||
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New home to be built on a rare waterfront lot of over an acre! Peaceful pond side setting with nature's beauty in your backyard provided by 130+/- acre Wright's Reservoir! Long time area builder offers an opportunity for you to build his plans or your custom design! Walkout basement on a fairly flat building site. Interior features hardwood, granite, tile, etc... Schedule your meeting to discuss the possibilities! Photo is of a previous home built by the builder - not accurate. Subject to builder taking title to the lot. The manager has listed the unit size as 2160 square feet.
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| May 21, 2018 | Listed by RE/MAX Advantage 1 | $150,000 | |
| Listed by RE/MAX Advantage 1 | |||
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Rare level pond front building lot. Septic design included but being redrawn by buyer.
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| Feb 15, 2018 | Sold | ||
| Sold | |||
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