Lot 12.3 Elliot 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 |
|---|---|---|---|
| May 13, 2022 | Sold | ||
| Sold | |||
| Mar 28, 2022 | Listed by LAER Realty Partners | $117,500 | |
| Listed by LAER Realty Partners | |||
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Build your dream home on this beautiful 7.23 acre lot nestled in the hills of Ashby. This lot consists of two parcels 12 and 12.3. Large portion has been cleared and maintained for decades giving way to city views. Perc test is attached, electric at the street. Discover your quiet country oasis on this dead end road! Buyer and buyer's agent to do own due diligence.
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| Sep 22, 2020 | Sold | ||
| Sold | |||
| Jul 23, 2020 | Listed by LAER Realty Partners / Janet Cramb & Company | $79,900 | |
| Listed by LAER Realty Partners / Janet Cramb & Company | |||
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GORGEOUS cleared lot with city views! The two parcels, 12 and 12.3, total nearly 7.25 acres. Located off the beaten path on a dead-end county road. The perc test is attached and there's electric at the street. Come and take a look for yourself!
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| Sep 22, 1965 | Sold | ||
| Sold | |||
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