0 & 87 Hockanum 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 17, 2022 | Sold | ||
| Sold | |||
| Dec 10, 2021 | Listed by Brick & Mortar | $115,000 | |
| Listed by Brick & Mortar | |||
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HUGE price drop! Opportunity to own two lots on Hockanum Rd in Hadley totaling 2.88 acres! Front lot consists of 1.2 acres. Back lot with 2 bedroom cabin and outbuilding is 1.67 acres. Electricity on site. Needs new septic. Walk to the Marina. Perc test was done at some point on front lot. Come with your plans and build your dream home!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017