49 Louie Lane
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 10, 2026 | Sold | ||
| Sold | |||
| Nov 20, 2025 | In contract | - | |
| In contract | |||
| Nov 5, 2025 | Listed by Keller Williams Realty | $240,000 | |
| Listed by Keller Williams Realty | |||
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Superb and affordable living at Pine Hill Estates! Nestled in desirable Raynham, this 55+ privately-owned community offers comfort, convenience, and charm. This well-maintained single-wide home enjoys abundant natural light and an easy single-level layout featuring an open concept Living Room and Eat-In Kitchen—perfect for relaxed everyday living. Step out to the spacious wooden deck to enjoy peaceful outdoor moments. Recent updates include a new roof, most windows, hot water heater, countertops, refurbished cabinets, baseboard trim, bathroom vanity, plumbing improvements, propane stove, and more. A wonderful opportunity to own in Pine Hill Estates!
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| May 29, 2014 | Sold | ||
| Sold | |||
| Feb 25, 2014 | Listed by Realty World Related Realty Group | $29,900 | |
| Listed by Realty World Related Realty Group | |||
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49 Louie Lane, 55 and better! Excellent opportunity for the handyman. Home sold in "as is condition". Seller Description of property on file. Ductwork needs attention. Original windows and rear porch. Newer hot water heater and front porch. Roof replaced 2005. No shed. Excludes washer & dryer. Wonderful opportunity!
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