Lots2-7 North Valley 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 |
|---|---|---|---|
| Aug 11, 2016 | Sold | ||
| Sold | |||
| Jun 25, 2015 | Listed by Brick & Mortar | $85,000 | |
| Listed by Brick & Mortar | |||
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Large parcel of land with almost 2000 ft of frontage.The property did perc in 1990. With some drainage, the land could possibly be suited for a building lot. Pristene open field borders Buffam Brook and acres of conservation land. Other uses could be livestock, bird sanctuary, soccer fields, picnic areas and a multitude of other possibilities. The land must be seen to be fully appreciated. If you are a nature lover or want to take a chance in investing in a possible Estate building lot, Then this property is for you. You must walk land to appreciate its beauty. There are trails along the brook and a waterfall and little bathing areas.
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| Oct 28, 2002 | Sold | ||
| Sold | |||
| May 31, 2002 | Listed by Jones Group REALTORS® | $49,900 | |
| Listed by Jones Group REALTORS® | |||
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NICELY WOODED PARCEL ONLY MINUTES TO AMHERST. RURAL SETTING ON QUIET STREET. COVENANTS. CALL FOR DETAILS
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