Lot 31 Scripps Lane
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 |
|---|---|---|---|
| Feb 26, 2021 | Sold | ||
| Sold | |||
| Jan 12, 2021 | Listed by Doherty Properties | $325,000 | |
| Listed by Doherty Properties | |||
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Rare 49-acre parcel located in the charming town of Mason. Beautiful rolling acres abut conservation land giving plenty of room to roam as well as added privacy. Set back off a scenic cul-de-sac, the land is a mixture of open and wooded spaces, with lush native vegetation and trees. Enjoy distant westerly views -- see our drone photos. This secluded parcel would be perfect for a horse property or farm. Upgrades include a 700 foot gravel driveway to a seven acre cleared space. Power has been brought from the street to this building envelope as well. Four bedroom septic design in hand - just needs to be updated and submitted for approval. No covenants - simply a beautiful approved building lot awaiting your personal vision. Enjoy all the beauty that southern New Hampshire offers and build your dream home here.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017