LOT 5 Walnut Hill 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 |
|---|---|---|---|
| May 31, 2005 | Sold | ||
| Sold | |||
| Jan 31, 2005 | Listed by Coldwell Banker Realty - Leominster | $84,000 | |
| Listed by Coldwell Banker Realty - Leominster | |||
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Location, Location,Location complete with views!IF YOU VALUE NATURE, PRIVACY & VIEWS THIS IS THE LOT YOU HAVE BEEN SEARCHING FOR TO BUILD YOUR DREAM HOME ON! Site for house cleared and stumped. DRIVEWAY IN. SEPTIC DESIGN. ON DEAD END ROAD.
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| Dec 20, 2000 | Sold | ||
| Sold | |||
| Jun 20, 2000 | Listed by Compass Realty | $124,900 | |
| Listed by Compass Realty | |||
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TO BE BUILT IN A NICE NEIGHBORHOOD. LOTS OF CHOICES INCLUDING NUMBER OF BEDROOMS, LAUNDRY PLACEMENT, COLORS. QUALITY THROUGH OUT. OTHER LOTS AND STYLES TO CHOOSE FROM.
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