37 Dorinda Circle
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 |
|---|---|---|---|
| Jun 15, 2023 | Sold | ||
| Sold | |||
| Apr 18, 2023 | Listed by Edge REAL ESTATE | $135,000 | |
| Listed by Edge REAL ESTATE | |||
| Oct 15, 2020 | Sold | ||
| Sold | |||
| Apr 7, 2020 | Listed by Edge REAL ESTATE | $86,900 | |
| Listed by Edge REAL ESTATE | |||
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This is a steal! Over 10,000 sq ft and already zoned R2 for multiple dwellings! Build 2 townhouses! Up to 3 units could possibly go here, with a variance possibly more! This site is surrounded by multi-families! Located on top of a hill with scenic views of Boston! Nice park right around the corner. Good luck trying to find anything else zoned R2 for multiple dwellings at this price. This could be an incredible deal for the right builder. Build here and it'll sell fast! Buyer must do their own diligence.
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