Lot 7 Leonard 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 |
|---|---|---|---|
| Jun 30, 2017 | Sold | ||
| Sold | |||
| Sep 20, 2016 | Listed by Coldwell Banker Community REALTORS® | $59,900 | |
| Listed by Coldwell Banker Community REALTORS® | |||
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You’ll love the very nature of it. If you're searching for an exceptional site to build your home you’ll want to see this lot which is one of three gently sloping lots uphill from Leonard Road. Each lot is a 6+ acre parcel, offering you privacy and value. They are perc tested and surveyed. These lots are only 20 minutes to Amherst center or UMass. You’re just around the corner from the highly regarded Elementary School. It’s an easy drive to the town center and just down the road to the State managed public beach at Lake Wyola. This location is convenient for all commuters needing Routes 202 & Rt. 2. These lots are perhaps the best value in the area.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017