Lot 7 Granite Ridge Road
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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 |
|---|---|---|---|
| Oct 13, 2023 | Sold | ||
| Sold | |||
| May 2, 2023 | Listed by Angeli & Associates Real Estate | $259,000 | |
| Listed by Angeli & Associates Real Estate | |||
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5.01 acres in low tax Sunapee with panoramic views of Lake Sunapee, Mount Sunapee, surrounding peaks and Ledge Pond. Ready for your custom home with an established building envelope and utilities near by. You will love this private, convenient location where the view will leave you speechless. 10 minutes to Mount Sunapee, easy access to I89, minutes to Lake Sunapee. Property in Current Use.
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| Sep 15, 2020 | Sold | ||
| Sold | |||
| Aug 14, 2020 | Listed by Coldwell Banker LIFESTYLES - Sunapee | $159,000 | |
| Listed by Coldwell Banker LIFESTYLES - Sunapee | |||
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Last Updated Date: 2020-09-16
Last Checked: 4 hours ago
Data Source: Prime MLS, MLS# 4822676
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