Lot 9 Old Belchertown 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 27, 2021 | Sold | ||
| Sold | |||
| Aug 2, 2021 | Listed | $274,413 | |
| Listed | |||
| Apr 1, 2021 | Sold | ||
| Sold | |||
| Mar 1, 2005 | Sold | ||
| Sold | |||
| Feb 2, 2005 | Listed by John H. Pedro Real Estate | $69,900 | |
| Listed by John H. Pedro Real Estate | |||
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Build your dream home today! This fabulous 1.3+ acre lot with beautiful views located close to the Palmer/Ware town line. Lot is already cleared and ready to escavate for your foundation. Great Perc results! Will build to Suit! Call TODAY!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017