Lot 5 Emerald Rd
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 |
|---|---|---|---|
| Jan 11, 2021 | Sold | ||
| Sold | |||
| Jun 13, 2020 | Listed by KW Pinnacle MetroWest | $64,000 | |
| Listed by KW Pinnacle MetroWest | |||
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5 acres of wooded privacy could be a wonderful private Dream Home location for the nature lover!! Get away from the city life and enjoy the quaint back road in the lovely town of Rutland. Rare to find such a wooded retreat that is still close for commuting! Part of the desirable Wachusett school district is a bonus! Special permit needed from planning board to make buildable due to reduced street frontage. Leave the hustle and bustle of crowded city life behind and come build a custom home you will cherish for years to come!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017