LOT 5 Marsh Hill Road
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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 |
|---|---|---|---|
| May 23, 2004 | Sold | ||
| Sold | |||
| Oct 30, 2003 | Listed by ERA Key Realty Services | $394,900 | |
| Listed by ERA Key Realty Services | |||
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IMPRESSIVE COLONIAL UP & READY FOR SELECTIONS. BEAUT. LEVEL TREED LOT. A CONTEMPORARY FLAIR WITH UNIQUE FLOOR PLAN. AN OPEN KITCHEN/FAMILY PLAN TAKES ADVANTAGE THE NATURAL SURROUNDINGS. UPSTAIRS IS A MSTER STE. DAZZLING IN LUXURY.
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| Sep 2, 2003 | Sold | ||
| Sold | |||
| May 13, 2003 | Listed by Keller Williams Realty North Central | $69,000 | |
| Listed by Keller Williams Realty North Central | |||
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1 1/2- 2 AC LOT WITH 150 FT FRONTAGE ON MARSH HILL RD, SUBJECT TO SURVEY AND PERC TEST. BEAUTIFUL WOODED LOT ON SORT AFTER QUIET ROAD IN AREA OF UPSCALE HOMES. 2300 SQ FT HOME DEED RESTRICTION. OTHER LOTS AVALIABLE.
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