40 Tsienneto 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 |
|---|---|---|---|
| Dec 20, 2018 | Sold | ||
| Sold | |||
| Mar 1, 2017 | Listed by Berkshire Hathaway HomeServices Verani Realty | $499,900 | |
| Listed by Berkshire Hathaway HomeServices Verani Realty | |||
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28 +/- Acres - SUBDIVISION POTENTIAL - Quite possibly the last large parcel available close to the center of Derry for residential housing! ACCESS to LOT is from ROW from Tsienneto Rd via Rider Fields access road or part of left side of house lot at 42 Tsienneto rd with house being remove and a new house built on back right side could be option. POSSIBLE USES could be: Single Family Lots - Up to 14 Well & Septic House Lots or Up to 20 Water & Sewer House Lots. TOWN WATER and SEWER HOOK UP AVAILABLE, 2 ACCESS POINTS. Partly fields, mostly wooded. Right of way access off Barkland Dr, Access lot on Eastgate Rd. GREAT LOCATION near Pinkerton Academy, Post Office, Medical Park and Shopping. All figures, lots and conceptual drawings are approximate.
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