LOT 8 Mason 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 |
|---|---|---|---|
| May 21, 2004 | Sold | ||
| Sold | |||
| Jan 7, 2004 | Sold | ||
| Sold | |||
| Nov 3, 2003 | Listed by Coldwell Banker Residential Brokerage - Groton | $289,900 | |
| Listed by Coldwell Banker Residential Brokerage - Groton | |||
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GREAT OPPORTUNITY FOR NEW CONSTRUCTION ON A BEAUTIFUL 2 ACRE WOODED LOT.MANY OPTIONS & OTHER PLANS AVAIL. THIS HOME OFFERS A FRONT-BACK LR & A FRONT-BACK FAMRM FOR GREAT ENTERTAINING W/CUSTOM OAK KITCHEN IN CENTER.CALL LIST BROKER
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| Oct 2, 2003 | Listed by Coldwell Banker Residential Brokerage - Westford | $79,900 | |
| Listed by Coldwell Banker Residential Brokerage - Westford | |||
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WOODED 2 A LOT ON SCENIC COUNTRY RD JUST OFF RTE 31. THIS LOTIS PART OF A NEW 12 LOT SUB ON HEYWOOD-MASON & LOCKE. PRETTY 2A+ LOTS READY FOR YOUR NEW HOME. DEVELOPER HAS HOUSE PLAN APPROVAL - CALL LB FOR DETAILS.
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