Lot 7 Meadow 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 |
|---|---|---|---|
| Jun 9, 2022 | Sold | ||
| Sold | |||
| Jan 10, 2019 | Listed by Cedar Wood Realty Group | $220,000 | |
| Listed by Cedar Wood Realty Group | |||
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Country road setting, wooded lot sharing driveway with Lot 8, Engineered plan available, large lot with house site to rear of lot, similar to Lot 4.
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| Aug 21, 1997 | Sold | ||
| Sold | |||
| Mar 6, 1997 | Listed | $112,000 | |
| Listed | |||
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ONLY 3 LOTS REMAIN ON THIS 80 ACRE PARCEL OUT OF 11 TOTAL. BEAUTIFUL WOODED LOTS SURROUNDED BY ROLLING FIELD,NATURAL WOODLANDS,POND AND NATURAL WETLANDS.BUILDER HAS PLANS OR BRING YOUR OWN.APPROX $5000/SDS.COVENANTS.
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