70 New Street
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 |
|---|---|---|---|
| May 9, 2019 | Sold | ||
| Sold | |||
| Jul 23, 2018 | Sold | ||
| Sold | |||
| Jun 19, 2017 | Listed by CENTURY 21 Ed Pariseau, REALTORS® | $285,000 | |
| Listed by CENTURY 21 Ed Pariseau, REALTORS® | |||
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55+ Acres having 200 feet of frontage on New Street near Rt. 44, all from 5 parcels....seems like 8 lots are feasible on parcel 53-3a. Very Interesting to think of the possibilities for those lots and the additional acreage,,,,Recreational and other possiblilities could include, Equestrian/Horses, Farming, other outbuildings for family Business, ATV and Dirt Bike use, Long-term Investment awaiting other opportunities and access points. See Agent for additional forthcoming information.
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