00(Lot 5A) Gates Pond Road
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 |
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| Dec 23, 2016 | Sold | ||
| Sold | |||
| Mar 6, 2016 | Listed by LAER Realty Partners | $199,950 | |
| Listed by LAER Realty Partners | |||
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Builders take notice!! This is a lovely lot in beautiful Berlin! Residential/agricultural land so bring the animals if you desire! This land is considered residential potentially developable land so buyer due diligence. Per building inspector in Berlin this is a grandfathered lot. Great location off the main roads but so convenient to major routes, the new Market Basket, Bjs, and Lowes plus the Solomon Pond Mall. Lot is lightly wooded. Don't wait on this one, any potential lot in Berlin goes fast! Can be bundled with MLS#71967808 & 71967810. All permits/testing are the buyers responsibility.
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| Sep 30, 1999 | Sold | ||
| Sold | |||
| Apr 5, 1999 | Listed | $369,900 | |
| Listed | |||
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NEW CONSRUCTION ON QUIET COUNTRY 2 AC LOT ONLY 3 MINUTES FROM RTE 495.2700 SF COLONIAL W 2 CAR ATT GARAGE, SUPERIOR 2 ZONE FHA HEATING READY FOR CENTRAL AC. GREAT BUILDER GIVES EXCELLENT ALLOWANCES. RESERVE NOW SO YOU CAN CUSTOMIZE HOME.
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