Lot 55 Cole's Ledge Road #MAP1LOT55
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 |
|---|---|---|---|
| Mar 4, 2022 | Sold | ||
| Sold | |||
| Jan 5, 2022 | Listed by BHHS Verani Concord | $85,000 | |
| Listed by BHHS Verani Concord | |||
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Are you looking for the perfect location to build your new home away from the hustle and bustle? You will want to check out this great parcel of land that is walking distance to Lougee Pond, where you can kayak, canoe and fish. This is raw land in current use located on a class VI road. Some clearing of the land has already been started. Please contact the town to see what you will need to do to upgrade approximately 342 feet of the road in order to obtain a building permit.
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| Jun 14, 2019 | Sold | ||
| Sold | |||
| Aug 12, 2018 | Listed by Coldwell Banker Hobin Realty LLC | $59,900 | |
| Listed by Coldwell Banker Hobin Realty LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017