Lots 7 & 8 Thresher
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 |
|---|---|---|---|
| Jul 15, 2024 | Sold | ||
| Sold | |||
| Mar 24, 2024 | Listed by Michael Toomey & Associates, Inc. | $110,000 | |
| Listed by Michael Toomey & Associates, Inc. | |||
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Welcome to the beautiful town of Hardwick! Lots 7 & 8 Thresher are only a few miles from the town center, 10 acre parcel (2 lots combined) that is ready to go! Footwork for single home is done...Septic Design, Driveway Permit and Order of Conditions are in Hand. House, Driveway and Septic areas have been cleared of trees. Gorgeous spot to build your dream home this Spring and then enjoy years of country living in this town known for having the oldest annual Fair in the US!
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