Lot 6 (48) Ramshorn 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 |
|---|---|---|---|
| Jun 1, 2007 | Sold | ||
| Sold | |||
| Mar 14, 2007 | Listed by KW Pinnacle MetroWest | $439,900 | |
| Listed by KW Pinnacle MetroWest | |||
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Previous buyers default is your gain. Elegant federal front colonial has outstanding floor plan. Includes:hardwoods in living room,dining room,family room,upstairs hall and foyer,tile kitchen and baths,vaulted fam. rm w/skylites and fireplace with marble surround, custom built cabinetry in kitchen and baths,master bath with soaking tub and 4ft shower,hydroair heat with central air,upgraded trim package,garage door openers. Occupancy permit in hand.
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| Nov 4, 2005 | Sold | ||
| Sold | |||
| Aug 10, 2005 | Listed by StartPoint Realty | $149,900 | |
| Listed by StartPoint Realty | |||
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LOT 6 is the only lot left of several just perced in a beautiful wooded country setting. Minimum sized homes will conform to covenants and restrictions to insure quality and consistency in the neighborhood. Please call for details.
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