Lot 8 Monroe Rd
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 10, 2024 | Sold | ||
| Sold | |||
| Mar 22, 2024 | In contract | - | |
| In contract | |||
| Feb 6, 2024 | Listed by Buy Rite Home | $44,900 | |
| Listed by Buy Rite Home | |||
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Loooking for a winter or summer retreat then you need to see this lot. Not far from Route 2 and the infamous Hair Pin Turn. Like to ski you have a choice of MA or VT nearby. Enjoy snowmobiling join a local club they will know all the best places. Hike your own neighborhood or go over to Mount Greylock there is always great views there. Kayaking your thing, the Deerfield river is close by. There is so much to do near by in the Berkshires I can't possibly list it all but you could have it all if you buy this 3+ acre lot today.
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| Jan 29, 2024 | Sold | ||
| Sold | |||
| Nov 5, 2004 | Sold | ||
| Sold | |||
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Address: 335 Madison Avenue, New York, NY 10017