487 Rt 129
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 |
|---|---|---|---|
| Feb 7, 2025 | Sold | ||
| Sold | |||
| Jan 8, 2025 | In contract | - | |
| In contract | |||
| Aug 2, 2024 | Listed by Keller Williams Realty Metro-Londonderry | $321,000 | |
| Listed by Keller Williams Realty Metro-Londonderry | |||
| Jul 14, 2022 | Sold | ||
| Sold | |||
| May 9, 2022 | Listed by The Mullen Realty Group, LLC | $195,000 | |
| Listed by The Mullen Realty Group, LLC | |||
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Are you looking to build your dream home with plenty of privacy? Then look no further! The property has logging roads throughout the acreage. There is potential for further subdivision. The property is in current use. The buyers are responsible for their own due diligence including, but not limited to building, permits, subdivision,etc. Any current use fees are the responsiblity of the buyer.
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About Merrimack
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Last Checked: 5 hours ago
Data Source: Prime MLS, MLS# 5008009
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017