Lot 4B & 6 Hood 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 24, 2013 | Sold | ||
| Sold | |||
| Dec 27, 2011 | Listed by New Home Network | $299,999 | |
| Listed by New Home Network | |||
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HUGE ACRE PLUS BUILDING LOT ALL SET FOR TIE-IN TO TOWN SEWER. TOWN WILL INSTALL STUB AT LOT. BUYER RESPONSIBLE FOR SEWER / WATER HOOK UP. NICE LEVEL LOT WITH MATURE TREES. WONDERFUL NEIGHBORHOOD TO BUILD YOUR DREAM HOME. CLOSE TO THE BEACH. NOT TOO FAR FROM NORTH SCITUATE VILLAGE WITH ITS SHOPS, RESTAURANTS, AND COMMUTER RAIL STATION. GREAT VALUE!
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