Lot 3 Park Place
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 25, 2017 | Sold | ||
| Sold | |||
| Oct 19, 2016 | Sold | ||
| Sold | |||
| Mar 16, 2007 | Sold | ||
| Sold | |||
| Feb 20, 2006 | Listed by LAER Realty Partners | $849,900 | |
| Listed by LAER Realty Partners | |||
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Golfers take notice! Prime location for Chelmsford's newest subdivision. Cul-de-sac on the Golf Course. Custom homes by respected builder. Over 3,400 sq ft. Hardwood & tile floors, sprinkler system,C/Air, C/Vac cathedral ceilings & more. Plans similar to photo. Call for listing package. Other plans available!
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