Lot 5 Mayflower Avenue
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 |
|---|---|---|---|
| Oct 12, 2012 | Sold | ||
| Sold | |||
| Dec 21, 2011 | Listed by Coldwell Banker Realty - Chicopee | $110,000 | |
| Listed by Coldwell Banker Realty - Chicopee | |||
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CHICOPEE'S NEWEST SUBDIVISION! Great lots in Sandy Hill area, near Chicopee River. Your builder or ours. These lots are ready to build with city water, sewer and gas on site. Build your dream home!
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| Aug 31, 2009 | Sold | ||
| Sold | |||
| Apr 13, 2000 | Sold | ||
| Sold | |||
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Address: 335 Madison Avenue, New York, NY 10017