30 Old Bay Road
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 |
|---|---|---|---|
| Sep 21, 2020 | No longer available | - | |
| No longer available | |||
| Sep 15, 2020 | Listed | $85,000 | |
| Listed | |||
| | |||
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Bring your tools and imagination to this adorable fixer upper in the beautiful Lakes Region. This 2 bedroom home sits on a privately owned 1 acre, south facing lot. With a tree farm to the back and 472 feet of road frontage, you're sure to have privacy from nosy neighbors. The property includes 2 outbuildings for plenty of storage and a farmers porch to enjoy the crisp autumn weather. 15 minutes to Route 16 and 40 minutes to the seacoast makes commuting a breeze. Property sold as-is. The manager has listed the unit size as 624 square feet.
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| Sep 1, 2020 | Sold | ||
| Sold | |||
| Aug 8, 2020 | Listed by BHG Masiello Londonderry | $79,900 | |
| Listed by BHG Masiello Londonderry | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017