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Lot 6 Ogunquit Road
About This Property
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Cap Rate Calculator
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 |
|---|---|---|---|
| Nov 15, 2011 | Sold | ||
| Sold | |||
| Nov 12, 2009 | Listed by Coldwell Banker Realty - Andover | $740,000 | |
| Listed by Coldwell Banker Realty - Andover | |||
| | |||
|
NEW CONSTRUCTION !! TO BE BUILT! Lot 5 sold, this could be your neighbors house. If you have always wanted to build your own dream house there is not a better time than RIGHT NOW. choose your granite counters, custom cabinets, and hardwood flooring. 2 Brick fireplaces, Anderson Windows, 25 year architectural roof, 9 foot ceilings and custom moldings on first floor. Energy Star 2x6 construction. Master bedroom/private bath/oversized walk in closet. Septic design approved by town, ready to go.
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| Apr 24, 2009 | Listed by Coldwell Banker Residential Brokerage - Andover | $279,000 | |
| Listed by Coldwell Banker Residential Brokerage - Andover | |||
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