7264 Cole Road
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 |
|---|---|---|---|
| Apr 11, 2025 | Sold | ||
| Sold | |||
| Feb 7, 2025 | In contract | - | |
| In contract | |||
| Dec 6, 2024 | Listed by MJ Peterson Real Estate Inc. | $120,000 | |
| Listed by MJ Peterson Real Estate Inc. | |||
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9.1 Acres total. Merrywood Drive is the access to property. From Cole Road 6.10. Acres on the right of Merrywood Drive, 2.43 Acres on the left of Merrywood Drive, Approximately 50% of the land is wooded and relatively flat terrain. Merrywood Drive is 60ft wide approximately 1275ft deep. There are 4 existing parcels/homesteads on Merrywood Drive: 1 on the right and 3 on the left. The green highlighted parcels are offered for sale, Orange highlighted area is the access road, Blue highlighted areas are the 4 existing parcels/homesteads
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| Nov 9, 2009 | Sold | ||
| Sold | |||
| Aug 26, 1994 | Sold | ||
| Sold | |||
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