389 Root Rd
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 5, 2012 | Sold | ||
| Sold | |||
| Dec 14, 2011 | Listed by William Neylon Real Est. | $198,000 | |
| Listed by William Neylon Real Est. | |||
| Apr 19, 2011 | Listed by William Neylon Real Est. | $234,900 | |
| Listed by William Neylon Real Est. | |||
| Apr 5, 2010 | Listed by RE/MAX Prof Associates | $239,000 | |
| Listed by RE/MAX Prof Associates | |||
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REDUCED!!~Ready to move in now! Affordable New Construction Located On Quiet Country Road Surrounded By Rolling Farmland Minutes To The Center Of Barre & High School. GRANITE Kitchen With Island And Maple Cabinets, Dining Area With Sliders Leading To Deck, Open Concept Living Room. Formal Dining Room And First Floor Laundry. Huge Master Bedroom With Walk-In Closet And Master Bath. Two Additional Bedrooms And Full Bath. PLUS HARDWOOD Floors Throughout entire home and Ceramic Tile Baths.
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| Dec 31, 2009 | Sold | ||
| Sold | |||
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