56 Pine 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 |
|---|---|---|---|
| Jan 28, 2025 | Sold | ||
| Sold | |||
| Jan 9, 2025 | In contract | - | |
| In contract | |||
| Dec 24, 2024 | Listed by Lamacchia Realty, Inc. | $200,000 | |
| Listed by Lamacchia Realty, Inc. | |||
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DO NOT WALK PROPERTY WITHOUT AN APPOINTMENT *Please make all offers good through Jan 7, 2025* Welcome to your next investment opportunity! This charming 2-bedroom, 1-bathroom home in the peaceful town of Orange, MA is perfectly situated on 24 acres across 3 lots. The backyard features a large barn along with two stalls and a loft above, ideal for a workshop, storage, or animals! And don’t miss the lovely fruit trees in the front yard! Inside, you'll find plenty of room for storage, including a full bathroom with tile flooring, washer hookup, and a shower stall. The living room boasts hardwood floors and a convenient closet. Upstairs, a versatile loft room with skylights provides a bright and airy space. Both bedrooms also feature hardwood floors, while the kitchen and dining area offer a warm, open space for family meals. The large basement adds even more storage options. This home offers plenty of potential—don’t miss out!
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| Dec 22, 1993 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017