409 Oakland St
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 27, 2022 | Sold | ||
| Sold | |||
| Oct 13, 2021 | Listed by Coldwell Banker Realty - Longmeadow | $32,000 | |
| Listed by Coldwell Banker Realty - Longmeadow | |||
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Residential developable land located among single and multi family homes. This lot is Zoned Residential B in the City of Springfield. Perfect opportunity to build close to area amenities. Lot is cleared and ready to be built on. With the lack of houses on the market maybe now is the time for you to build. Why wait for the perfect house when you can build the perfect house. Don't miss your opportunity at owning land in the City of Springfield.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017