Lot 3B Middle Street
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 |
|---|---|---|---|
| Apr 30, 2007 | Sold | ||
| Sold | |||
| Oct 20, 2006 | Listed by Dulong & Labbee Real Estate | $50,100 | |
| Listed by Dulong & Labbee Real Estate | |||
| | |||
|
Hadley - Rich productive farm land- currently leased by the year. Perfect for the novice or seasoned farmer. Potential for early spring and year round crops. May be sold with 27 Middle Street property. Access is right of way.
| |||
| Sep 24, 1996 | Sold | ||
| Sold | |||
| Jun 12, 1996 | Listed by Jones Town & Country Realty | $169,000 | |
| Listed by Jones Town & Country Realty | |||
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