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Lot 4 High Point Drive
About This Property
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Cap Rate Calculator
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 |
|---|---|---|---|
| Mar 28, 2008 | Sold | ||
| Sold | |||
| Sep 9, 2006 | Listed by Coldwell Banker Realty - Northborough | $469,000 | |
| Listed by Coldwell Banker Realty - Northborough | |||
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30 Day Quick Delivery ! Ready For Your Final Selections! Amazing Custom Detailes. Great N. Grafton Neighborhood Of Fine Homes On The Westborogh Line. 76 Lots On 76 Acres W/34 Acres Of Recreational Open Space and Surrounded By 100 Acres Of Conservation Land. Standard Features Include HDWD Floors, Ceramic Tile, Granite Counters, Birch Cabinets, Central Air, Andersen Windows, A Wood Burning Firplace, And A Composite Deck. A Walkout Basement And More. Mins To The Ma.Pike & MBTA
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