Lot 4 Cheyenne Dr
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 |
|---|---|---|---|
| Jul 17, 2015 | Sold | ||
| Sold | |||
| Mar 21, 2015 | Listed by Costello Realty Group, Inc. | $659,900 | |
| Listed by Costello Realty Group, Inc. | |||
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Perfect opportunity to own in a brand new development with half acre + lots and no wetlands. Quality energy efficient new construction colonial with plenty of time to personalize finishes. Some features to highlight are the hardwood throughout the 1st floor, formal dining room and living room, granite kitchen & baths, central air and 2nd floor laundry. Expansion possibilities in the basement and attic. Convenient to schools, shopping, commuter rail and highway. Lots 4, 5 & 6 still available. Call or email listing agent for floor plans, specs, etc.
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| Mar 16, 2015 | Sold | ||
| Sold | |||
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