1
Map
37 Middle 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 |
|---|---|---|---|
| May 24, 2023 | Sold | ||
| Sold | |||
| Mar 22, 2017 | Sold | ||
| Sold | |||
| Apr 20, 2016 | Listed by Coldwell Banker Realty - Beverly | $425,000 | |
| Listed by Coldwell Banker Realty - Beverly | |||
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Building season is right around the corner. Get these lots Under Agreement by Spring and you can start right away. Fully Approved 6 Lot Sub-Division. The current owner(s) have spent $200k on Engineering, $75k in Site Work and $45k in Legal Fees.They will turn everything over to the New Buyer(s).Making this quite the opportunity for a savvy Investor/Contractor. All documents are available for review.
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| Mar 5, 2015 | Sold | ||
| Sold | |||
| Dec 22, 2011 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017