9 Dry Hill Rd
About This Property
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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 |
|---|---|---|---|
| Apr 30, 2019 | Sold | ||
| Sold | |||
| Sep 29, 2016 | Listed by Brick & Mortar | $39,000 | |
| Listed by Brick & Mortar | |||
| | |||
|
Building lot with concrete foundation, deep well, 12 + year old septic raised bed system 4 leaching tanks previously used for an 8 unit 1bedroom 1 bath apartment building. Building was lost to a fire Nov. 2015. Electric on site as well. Old paved drive with adequate parking for 8. Located in Montague on a dead end rd. close to major routes easy commute to Amherst area. Affordable lot in a nice area. Many options speak with building inspector for your future intent for this property. Nice lot for a single family or to rebuild some income producing apartments. Nice views. Motivated seller.
| |||
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017