LOT 3 Flat Hills 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 |
|---|---|---|---|
| May 2, 2024 | No longer available | - | |
| No longer available | |||
| Jul 18, 2023 | Withdrawn | - | |
| Withdrawn | |||
| Apr 29, 2023 | Listed by William Raveis R.E. & Home Services | $570,000 | |
| Listed by William Raveis R.E. & Home Services | |||
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Own part of a large parcel or develop a large parcel in Amherst! Includes great hiking along the Robert Frost Trail. There is not much opportunity for land like this to be sold, don't miss out! Close to UMass & Amherst College, all restaurants and shopping! Existing access on the property. In addition there other parcels in 30 western MA towns are also available from 30-1000++ acres.
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| Sep 2, 2011 | Sold | ||
| Sold | |||
| Mar 9, 2011 | Sold | ||
| Sold | |||
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