![Photo of lot 3/225 Elmlawn Road[almquist Estates]](https://photoscdn.realtyhop.com/resize/scale/1108x1108/ae912c_f2ab3b010b2cd8db26749a99bb7bfe1e.webp)
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lot 3/225 Elmlawn Road[almquist Estates]
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 16, 2011 | Sold | ||
| Sold | |||
| Apr 27, 2011 | Listed by Promised Land Realty Group, LLC | $599,900 | |
| Listed by Promised Land Realty Group, LLC | |||
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Almquist Estates.Braintrees Premier Eight lot subdivision.Located in the Penns Hill section of Braintree.Open flr plan.front to back great rm,Open front foyer,Formal diningrm,Walnut cabinet kitchen with island cherry finish,Granite tops in kitchen and baths,Red oak hardwood flooring in Kitchen,greatrm,diningrm,bedrms,second floor hall,Oak tread staircase to second floor.Ceramic tile in baths.Maste suite with jacuzzi, two walk in closets,two heat/ac systems.Other lots available to be built
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