7 Carter St
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 |
|---|---|---|---|
| Sep 7, 2018 | Sold | ||
| Sold | |||
| Feb 1, 2018 | Listed by Real Broker MA, LLC | $75,000 | |
| Listed by Real Broker MA, LLC | |||
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** This buildable land parcel is packaged in a combined sale with the home at 6 Carter Street, MLS #72276912. Both properties for the one price ** Per the town of Webster, this parcel of land is a buildable house lot, large enough for a single family or duplex home. As the lot is steep, it most likely will require a retaining wall, or a creative design with a walk-out front and the back of the 1st level be fully below grade. Buyer to do their own due diligence to determine the buildability requirements and limitations of this lot.
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