Lot 5 Fairhill Dr
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 |
|---|---|---|---|
| Dec 21, 2012 | Sold | ||
| Sold | |||
| Jun 8, 2012 | Listed by Coldwell Banker Realty - Longmeadow | $310,000 | |
| Listed by Coldwell Banker Realty - Longmeadow | |||
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Prime Residential lot located in lovely established area near The Town Green in the Center of Longmeadow. Rare level semi cleared lot with all utilities available at street. Bring your own builder.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017