Lot 3 Ben Hale 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 19, 2015 | Sold | ||
| Sold | |||
| Apr 7, 2015 | Listed by Cohn & Company | $55,000 | |
| Listed by Cohn & Company | |||
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This property is nicely located on a country road with very little traffic in the quaint town of Gill, yet just minutes from I-91 and Route 2. The building lots have already been somewhat cleared of brush , but stately mature trees have been left standing to create a landscape for your new home. Driveway aprons have been roughed in and culverts are in place allowing easy access. To the West is open agricultural land and across the street is protected conservation land. The contour of a couple of the lots would be ideal for building a home with a walkout daylight basement. Additional land is available. Surveyed and perc’d. See disclosures. Gill is a neat little town of civic minded folk, with active boards and departments. Resident elementary school, while middle school and high school students go to Turners Falls. Gill is also home to Northfield Mount Hermon School. If you enjoy boating or fishing, there is a great boat ramp in town on the Connecticut River offering access to 14
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017