Lot 4 Summit 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 |
|---|---|---|---|
| Aug 28, 2009 | Sold | ||
| Sold | |||
| Mar 17, 2009 | Listed by Gallagher Real Estate | $259,900 | |
| Listed by Gallagher Real Estate | |||
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|
An excellent opportunity for a new construction colonial w/2nd floor unfinished. Buyer can finish 2nd floor at a later time or builder can provide completed 2nd floor for an additional price.
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| Jul 29, 2008 | Listed by Gallagher Real Estate | $90,000 | |
| Listed by Gallagher Real Estate | |||
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Nice 1 acre lot w/septic design, conservation approval paperwork and storm water management permit included. Lot is ready for development located close to Belchertown, Granby town line in an area of fine homes.
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| Apr 3, 2008 | Sold | ||
| Sold | |||
| Apr 2, 2008 | Listed by Pioneer Valley Realty Group | $75,500 | |
| Listed by Pioneer Valley Realty Group | |||
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