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Lot 8 Ben Hale 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 |
|---|---|---|---|
| Mar 23, 2020 | Sold | ||
| Sold | |||
| Feb 22, 2020 | Listed by 5 College REALTORS® | $49,900 | |
| Listed by 5 College REALTORS® | |||
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On a quiet country road only about 5 min to Rt 2 and 10 min from I-91 you'll find this wonderful opportunity - choose one or all 3 building lots. Great place for your dream home or create a family/friend compound. Perc tests and survey are done, driveways are roughed in over culverts...come check this out!
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| Feb 9, 2011 | Listed by B H & G RE - The Masiello Group | $75,000 | |
| Listed by B H & G RE - The Masiello Group | |||
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