Lot 8 Prattown Lane
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 10, 2020 | Sold | ||
| Sold | |||
| Jan 10, 2019 | Listed by William Raveis R.E. & Home Services | $385,000 | |
| Listed by William Raveis R.E. & Home Services | |||
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56 Lot Subdivision, on 21 Acres, Phase 2 4 New and improved Homes, to choose from, approx. 1800 sq. ft. Colonials, 1st flr., open flr. plan, Hardwood flr. Oak Stair's, ,Slider's to deck, Kit. w / soft close wood Cabinets, Finish options, granite counters & Island, or L shape design ,Stainless steel, appl. gas range, dryer, Heat (NORA). Recessed Routes Lighting, 1/2 Bath, 2nd flr.. 3 Beds, incl., Master Bedroom, w/walk in closet, granite ,dbl. sink vanity, tile flr. walk in Shower, 2nd Bath, w/ tub & shower, tile flr., laundry room, wall to wall carpeting throughout 2 nd flr. Easy access to routes 24,95,3,295, 495, commuter rail
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