Lot 3 Michaels Ln.
About This Property
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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 |
|---|---|---|---|
| Feb 5, 2021 | Sold | ||
| Sold | |||
| Oct 19, 2015 | Listed by Coldwell Banker Realty - Leominster | $44,900 | |
| Listed by Coldwell Banker Realty - Leominster | |||
| | |||
|
PRICE REDUCED! Great lot in a beautiful upscale subdivision of executive homes! Land has been perced in the past and had an approved septic design (that may have to be updated). Seller is highly motivated - will consider ANY AND ALL offers! Purchase land separately or we will build to suit.
| |||
| Aug 30, 2006 | Sold | ||
| Sold | |||
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017