1
Map
431 Commonwealth Road
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 |
|---|---|---|---|
| Oct 20, 2010 | Sold | ||
| Sold | |||
| Jan 29, 2009 | Listed by Miller & Associates Real Estate Co. | $49,900 | |
| Listed by Miller & Associates Real Estate Co. | |||
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Buyer to check Towns for any and all uses. Three lots of land totaling approx. 60,461 sq. ft. Approx 12,700 sq. ft in Wayland. Land does not perk for septic. Storage building/garage already on property. Close to pike and major routes. Taxes are approx.
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