62 Drake 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%.
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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 10, 2021 | Sold | ||
| Sold | |||
| Jul 30, 2021 | Listed by Realty Leaders | $249,000 | |
| Listed by Realty Leaders | |||
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62 Drake Road in the quaint town of Effingham NH offers this cozy gambrel cabin on 10 plus acres. Open concept living and kitchen area. Large bunk room on the second floor. New windows, plumbing and the 3/4 bath has been remodeled. Screen house large enough for entertaining, a bunk house for the kids. There is even a outside shower. Come and see this get away cabin in the white mountains of NH. Close to Lakes, Kangamangas and Indian Mound and province Lake Golf courses. Ski nearby King Pine, short drive to North Conway
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| Jun 6, 2017 | Sold | ||
| Sold | |||
| Apr 15, 2017 | Listed by BHHS Verani Bristol | $89,000 | |
| Listed by BHHS Verani Bristol | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017