lot 39 Turtleback 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 |
|---|---|---|---|
| Feb 25, 2010 | Sold | ||
| Sold | |||
| Jul 11, 2007 | Listed by Keller Williams Realty Evolution | $240,000 | |
| Listed by Keller Williams Realty Evolution | |||
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Create your dream home surrounded by nature in an established area of high end homes. This is a registered 1.12 ac wooded lot on a private cul-de-sac subdivision that is located off of scenic Apple Street. Approved 4 bd septic design. No builder tie-in(seller reserves right to approve plans). Utilities at front of lot. Protective covenants in place. Seller will consider all reasonable offers--MOTIVATED!!
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| Aug 11, 2004 | Sold | ||
| Sold | |||
| Jan 13, 2004 | Listed by Coldwell Banker Residential Brokerage - Manchester | $375,000 | |
| Listed by Coldwell Banker Residential Brokerage - Manchester | |||
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BEAUTIFUL LAND WONDERFUL NEIGHBORHOOD OFF APPLE STREET. NO BUILDER TIE IN BUT DESIGN APPROVAL, PRICE INCL. $25,000 OF TOPSOIL & LANDSCAPING TO BE PROV.BY SELLER. RESTRICTIONS AND COVENANTS.
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