Lot 31 Oakwood Drive
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 |
|---|---|---|---|
| Jul 1, 2020 | Sold | ||
| Sold | |||
| Jan 7, 2020 | Listed by RE/MAX Prof Associates | $7,500 | |
| Listed by RE/MAX Prof Associates | |||
| | |||
|
Nice parcel of land located near Sherman Pond. This 76.5 acre natural pond lies at the foot of Marsh (Indian) Hill and is fed by three major streams as well as a number of seasonal brooks that flow down from the surrounding highlands. The lake is home to a wide variety of common fish and waterfowl, and is visited by herons, osprey, mergansers and an occasional eagle. Brookfield Road skirts the west side of the pond and provides narrow access to a boat launch area as well as views across the pond to cottages. The The Lake Sherman Association (LSA),a lakeowners’ group, maintains a communal swimming beach & boat access. This lot is not a buildable lot. Located within a 1/3 to Sherman Pond, very nice location.
| |||
| Mar 3, 2019 | No longer available | - | |
| No longer available | |||
| Sep 6, 2018 | No longer available | - | |
| No longer available | |||
| Aug 29, 2018 | Listed | $18,000 | |
| Listed | |||
| | |||
|
Vacant land ready for you to build you "tiny house" vacation getaway near Sherman Pond with deeded rights to use the beach area on the pond! Lot appears to be "grandfathered", buyer to verify with Town. This 76.5 acre natural pond lies at the foot of Marsh (Indian) Hill and is fed by three major streams as well as a number of seasonal brooks that flow down from the surrounding highlands. The lake is home to a wide variety of common fish and waterfowl, and is visited by herons, osprey, mergansers and an occasional eagle. Brookfield Road skirts the west side of the pond and provides narrow access to a boat launch area as well as views across the pond to cottages and the Indian Hill Farm fields, few buildable lots remain in the neighborhood, so don't let this one waste away! The The Lake Sherman Association (LSA),a lakeowners’ group, maintains a communal swimming beach & boat access with uses governed by published “Beach Rules” & the Massachusetts Environmental Police guidebook.
| |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017