LOT 8 Simonds 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 |
|---|---|---|---|
| Sep 2, 2003 | Sold | ||
| Sold | |||
| Jun 6, 2003 | Listed by Keller Williams Realty North Central | $282,500 | |
| Listed by Keller Williams Realty North Central | |||
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BEAUTIFUL QUALITY BUILT COLONIAL CUSTOM KITCHEN CABINETS, 6 PANEL PINE DOORS, BUILT W/PLYWOOD, & 2 CAR GAR 14X22 FR WITH CATHEDRAL CEILING LARGE MASTER BEDROOM WITH WALK-IN CLOSET. HOUSE IS UP
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| Sep 6, 2002 | Sold | ||
| Sold | |||
| Jul 31, 2002 | Listed by Charron Real Estate & Associates | $74,000 | |
| Listed by Charron Real Estate & Associates | |||
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GREAT BUILDING LOT IN BEAUTIFUL LOCATION HAS 4-BEDROOM SEPTIC PERMIT. BUY LAND ONLY OR WORK WITH SELLER/BUILDER TO CREATE YOUR DREAM HOME. SELLER RESERVES RIGHT TO APPROVE BUYER'S HOUSE PLANS.
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