Lot 5 Arbor Street
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 |
|---|---|---|---|
| Jul 28, 2005 | Sold | ||
| Sold | |||
| Dec 21, 2004 | Listed by Harbor Realty | $429,900 | |
| Listed by Harbor Realty | |||
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Lovely new construction Lambert home on country road and over 3 acres of land. Eight rooms, four large bedrooms, great family room with gas fireplace for entertaining. Hardwood in kitchen, dining and entry. 12x12 Deck. Oversized 24x26 two car garage. Generous appliance allowance.
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| Feb 19, 1998 | Sold | ||
| Sold | |||
| Sep 26, 1997 | Listed by Coldwell Banker Realty - Leominster | $79,000 | |
| Listed by Coldwell Banker Realty - Leominster | |||
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12+ ACRES OF PRIVACY - LOT LAYOUT AND DRIVEWAY ACCESS PLAN ALSO, SUBSERFACE SEWAGE DISPOSAL PLAN BY WHITMAN & BINGHAM ASSOC. ADJACENT TO CONSERVATION LAND. ORDER OF CONDITIONS.
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