Lot 61 Ed Clark 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 |
|---|---|---|---|
| Apr 24, 2026 | Sold | ||
| Sold | |||
| Apr 18, 2026 | In contract | - | |
| In contract | |||
| Dec 12, 2025 | Withdrawn | - | |
| Withdrawn | |||
| Nov 13, 2025 | Price Decreased |
$55,000
↓ $5K
(8.3%) | |
| Price Decreased | |||
| Mar 20, 2025 | Listed by Dahna Virgilio Real Estate, Inc. | $60,000 | |
| Listed by Dahna Virgilio Real Estate, Inc. | |||
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DREAMS COME TRUE HERE! Have you been DREAMING all winter of BUILDING a TINY HOUSE, maybe a self sufficient Off Grid or SOLAR HOME or maybe you are ready for a retirement getaway and want land that is easy to build on? This enchanting parcel of land with long range views can fulfill that DREAM, and more! Deemed a "grandfathered" building lot by the "powers that be" (aka Town of Colrain), which means it "was" a building lot prior to the town changing the minimum size & frontage requirements..... Which is great news for such a beautiful magical spot! Open and wooded, level and gentle slope, rough driveway in, lupines galore. This lot was perc tested 8/1/2023 so it is FRCOG approved and ready! Take a drive by this beautiful spot..... sit a spell, breathe the fresh air, enjoy the open area and long range view or take a walk to explore the woods, stone walls and more. Then imagine planning and building your forever dream home here! You'll be glad you did!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017