lot 4 Cottage 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 |
|---|---|---|---|
| Oct 2, 2020 | Sold | ||
| Sold | |||
| Jul 1, 2020 | Listed by Keller Williams Realty Evolution | $500,000 | |
| Listed by Keller Williams Realty Evolution | |||
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Build your dream home on this gorgeous partially wooded lot along a meandering country road in the prestigious Lower Green area of Newbury. Enjoy the serenity of country living while still convenient to shops, restaurants, beaches and commuter routes. Just a short distance to Old Town Hill and the Parker River boat launch, you can enjoy some of the area's best natural offerings without ever getting in your car! This renowned developer is offering this beautiful flat lot without a builder tie-in, but this new development will maintain a coherent look & feel with all home designs provided by the area's leading architect and approved by the developer himself. Other lots available! The developer will also provide an approved 4-bedroom septic design for the lot. The property is newly subdivided, there is no tax information for this lot yet.
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| Oct 3, 1997 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017