320 Pond Brook 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 |
|---|---|---|---|
| Dec 20, 2023 | Sold | ||
| Sold | |||
| May 10, 2023 | Listed by White Moose Realty | $399,000 | |
| Listed by White Moose Realty | |||
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Not many homes come for sale in Magalloway PLT in Maine. I do have listed in Errol it isn't in Errol Magalloway PLT doesn't show on search's!! Take advantage of this one with frontage on Pond Brook. Property offers 2 lots, one with a 4 bedroom 1.5 bath Log Home and the 2nd plays host to a heated oversized one car garage with storage area above. Sick of the hustle bustle? Then here you go. Log home offers 4 bedrooms, hot water boiler, wood boiler and radiant heat in the basement. Plenty of Counter space with Corian counter tops and Kitchen Island and oak cabinets. Nothing todo but move in. Near Sturtevant Pond for good fishing, kayaking, and nice beach. Near Woods Roads for walking and biking. Sturtevant Stream empties into the Magalloway River which flows down into lake Umbagog easily canoe and kayak and motor boat with small boats.
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| Jan 21, 2022 | Sold | ||
| Sold | |||
| Dec 14, 2021 | Listed by RE/MAX Northern Edge Realty LLC | $399,000 | |
| Listed by RE/MAX Northern Edge Realty LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017