lot 8 Rindge Turnpike
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 |
|---|---|---|---|
| Oct 14, 2020 | Sold | ||
| Sold | |||
| Apr 16, 2020 | Listed by Berkshire Hathaway HomeServices Warren Residential | $27,400 | |
| Listed by Berkshire Hathaway HomeServices Warren Residential | |||
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PRICE LOWERED!! MOTIVATED SELLERS! PRICED FOR QUICK SALE! 221 feet of road frontage. Deep lot offer plenty of privacy. Lot perked and had septic design done in 2006. Great access to Southern New Hampshire and Fitchburg, MA with all its conveniences but still in the country. Close to the Mid-State trail, Mt. Watatic and Rt. 119. Priced to sell - build your new home here. Contractors - great price for a nice lot - over 14 acres! Spring is here, nows the time to buy, ready to build.
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| Mar 6, 2018 | Sold | ||
| Sold | |||
| Oct 17, 2017 | Listed by Keller Williams Realty-Merrimack | $35,000 | |
| Listed by Keller Williams Realty-Merrimack | |||
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Are you looking for a piece of land that gives you the privacy you desire but is still close to food, shopping and entertainment? Here is your opportunity to purchase a 14.7 acre parcel that is perfect for you to build your next home on. Close to NH and minutes from 119, 101 and John Fitch Hwy. Older plans for 4 BR septic in hand.
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