Lot#3+4 North Brookfield Rd.
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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 17, 2006 | Sold | ||
| Sold | |||
| Sep 20, 2005 | Listed by Quaboag Valley Real Estate | $119,900 | |
| Listed by Quaboag Valley Real Estate | |||
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NICE LOTS ON RT.148 IN BROOKFIELD. PERC TEST IS COMPLETE AND PRELIMINARY SEPTIC DESIGN IN HAND. SELLER WILL CREDIT $9,000.00 TOWARDS DRIVEWAY EXCAVATION AND GRAVEL TO CROSS WETLANDS UPON CONSERVATION APPROVAL. CALL FOR PLOT PLAN WHICH INCLUDE 7 LOTS AVAILABLE. EASMENT IS WATER LINE USED FOR FIRE HYDRANT, RUNS FROM NBKF POND TO HYDRANT ON RT. 148 (SEE DRAWING). LOT 3+4 ARE BEING COMBINED AND WILL BECOME ONE LOT WHEN DRAWINGS ARE CHANGED. THIS LOT HAS A SHARED DRIVEWAY PLANNED.
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