Lot 4 Mill 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 |
|---|---|---|---|
| Dec 9, 2015 | Sold | ||
| Sold | |||
| Jun 8, 2015 | Listed by Coldwell Banker Realty - Marion | $119,900 | |
| Listed by Coldwell Banker Realty - Marion | |||
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Great Opportunity, Convenient Location close to shopping highways, & more! Easy access to Route 24 & 495 ! Buy 1 lot or all 6 ! Per the town of Raynham "the next owners of lots 1-4, in whole or in part, will be responsible for the permitting and construction of the drainage infrastructure within the proposed Drainage & Roadway Easement. This Drainage infrastructure is shown on a plan entitled " Proposed Grading Plan of Land" Dated June 18, 2006, by HBW, INC. and is on file with the Raynham Highway Department."
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