6 Applehill Lane Lot 2
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 |
|---|---|---|---|
| Sep 17, 2010 | Sold | ||
| Sold | |||
| Apr 28, 2010 | Listed | $184,900 | |
| Listed | |||
| Jul 15, 2009 | Sold | ||
| Sold | |||
| Sep 26, 2008 | Listed by Coldwell Banker Realty - Lynnfield | $249,000 | |
| Listed by Coldwell Banker Realty - Lynnfield | |||
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16 lot subdivision with lots ranging from 10,000' to almost 1 3/4 acres. Apple Hill subdivision is located off a dead end street and itself consists of 2 cul de sacs. Features include underground utilities, granite curbing, and blasted sites. All lots have been pre-blasted for a 28'x45' house envelope elimininating this costly and time consuming procedure for the homeowner. No builder tie-in.
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Address: 335 Madison Avenue, New York, NY 10017