Lot 31 Horton 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 |
|---|---|---|---|
| Jan 13, 2025 | Temporarily off market | - | |
| Temporarily off market | |||
| Jan 2, 2025 | Listed by Keller Williams Realty North Central | $3,430,500 | |
| Listed by Keller Williams Realty North Central | |||
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Discover a rare opportunity to own a sprawling parcel of land on Lake Rohunta, centrally located near the intersection of 202 and Rt 2. This expansive property, offering approximately 138 acres in Orange and an additional approximately 90 acres in New Salem, presents endless development possibilities. Prime location for easy access to Eastern MA, Boston, Vermont and New Hampshire. Situated at the crossroads of major routes, this parcel provides unparalleled connectivity while maintaining the tranquility of the country. Proximity to a local airport for added convenience. Dual frontages with approximately 2000' on Horton Rd in Orange and 900' on Blackinton Rd in New Salem. Explore the potential for creating a unique community, commercial venture or a private estate. The strategic location offers a gateway to various points of interest, making it an ideal investment opportunity!
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| Dec 17, 2024 | Sold | ||
| Sold | |||
| Jan 24, 2024 | Listed by Keller Williams Realty North Central | $3,430,500 | |
| Listed by Keller Williams Realty North Central | |||
| May 7, 1992 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017