Lot 4 Old Poor Farm
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 |
|---|---|---|---|
| Apr 11, 2013 | Sold | ||
| Sold | |||
| Oct 2, 2012 | Listed by Cirelli Real Estate | $40,000 | |
| Listed by Cirelli Real Estate | |||
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1.3 Acre lot on Old Poor Farm Road with a three bedroom septic system design. Building/septic area has been cleared with nice southerly exposure and solar possibilities. Pretty country lot on lightly traveled road yet only minutes to downtown Ware and 15-20 minutes from the Mass Pike in Palmer.
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| May 11, 2010 | Listed by Cirelli Real Estate | $45,000 | |
| Listed by Cirelli Real Estate | |||
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New price! Home packages available from reputable, local builder or purchase lot only. Wooded lot on pretty country road with perc and septic design included.
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| Jan 31, 2008 | Sold | ||
| Sold | |||
| Dec 10, 2004 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017