Lot#6 North Brookfield Rd.
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 |
|---|---|---|---|
| Mar 18, 2024 | Price Decreased |
$30,000
↓ $15K
(33.3%) | |
| Price Decreased | |||
| Feb 20, 2024 | Listed by Unique Realty , LLC | $45,000 | |
| Listed by Unique Realty , LLC | |||
| | |||
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Nearly a full acre of land (.918) on Forest Street in Brookfield, MA. The land for sale has frontage along Forest Street.The land is being sold "as is," the buyer/buyer agent will assume responsibility for any necessary due diligence, including but not limited to, verifying property boundaries, assessing zoning regulations, confirming access rights, and determining the feasibility of development or any desired land use.
| |||
| Oct 17, 2006 | Sold | ||
| Sold | |||
| Sep 20, 2005 | Listed by RE/MAX Prof Associates | $79,900 | |
| Listed by RE/MAX Prof Associates | |||
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