Lot 5 Mill Valley 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 |
|---|---|---|---|
| Apr 20, 2007 | Sold | ||
| Sold | |||
| Oct 16, 2006 | Listed by Coldwell Banker Realty - Chicopee | $94,500 | |
| Listed by Coldwell Banker Realty - Chicopee | |||
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Ideal building lot just south of the Belchertown town common. Formerly part of the Fuller Christmas Tree Farm. New construction to the left. Quiet neighbors to the right (cemetary). Easy digging, no wetlands. Detailed perc test results available anytime - just request! Great lot in new neighborhood near the center of town.
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| Apr 13, 2005 | Sold | ||
| Sold | |||
| Jan 13, 2005 | Listed by Pioneer Valley Realty Group | $90,000 | |
| Listed by Pioneer Valley Realty Group | |||
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Very nice building lot just south of the Belchertown common in an area of fine homes. Formerly the Fuller tree farm. Lots are dry, no wetland issues. Nice gravel soil easy digging. Total of 8 lots available here at South Farms. Lots will vary in size from +/- one acre to 5+ acres. Convenient and scenic location.
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Address: 335 Madison Avenue, New York, NY 10017