Lot 4 Causeway Street
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 12, 2018 | Sold | ||
| Sold | |||
| Feb 22, 2018 | Listed by J. Barrett & Company | $119,900 | |
| Listed by J. Barrett & Company | |||
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Approved 1.16 acre residential building lot. Septic design for 3 bedroom single family home. Water and Electric on Street. Located off Concord Street. Offering Easy and Convenient Commuting. A few minutes to 128 and the Commuter Rail in West Gloucester and a short drive to Gloucester's beautiful Wingaersheek Beach. Super Location at a Great Value! Shown by appointment only. Please do not walk the property unaccompanied,
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| Jul 22, 2014 | Sold | ||
| Sold | |||
| May 22, 2014 | Listed by J. Barrett & Company | $339,000 | |
| Listed by J. Barrett & Company | |||
| Sep 30, 2004 | Sold | ||
| Sold | |||
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