Lot 7 Prattown Lane
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 |
|---|---|---|---|
| Mar 12, 2020 | Sold | ||
| Sold | |||
| Jan 17, 2020 | Listed by Vicente Realty, LLC | $399,000 | |
| Listed by Vicente Realty, LLC | |||
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56 lot subdivision 2nd Phase, under construction, 4 Models to chose from, approx.,1800 sq.ft., colonials, 1st flr. open flr. plan , hardwood flrs., lvg. rm., dng .area w/sliders to deck, kit wood / white cabinets, granite counters & Island, Whirlpool/ Frigidaire ceramic top range, microwave, dishwasher, recessed lighting, tile 1/2 bath, 2nd flr. 3bds, incl. master w/walk in closet, dbl. sink van., lrg. walk in shower, tile flr. 2nd bth. w/ tub & shower, tile flr.. laundry room, wall to wall carpeting through out 2nd flr. Close & Easy access to routes 24, 95, 3 & 495, commuter rail is located within 4/10 of a mile, Bridgewater state University is 1/2 mile away, shopping, restaurants, close to center of town.
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