Lot 009 Piasta Rd
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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 |
|---|---|---|---|
| Jan 24, 2025 | Sold | ||
| Sold | |||
| Nov 14, 2024 | In contract | - | |
| In contract | |||
| Nov 5, 2024 | Listed by Coldwell Banker Realty - Northborough | $60,000 | |
| Listed by Coldwell Banker Realty - Northborough | |||
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Great opportunity to buy in a pre-existing subdivision. Lot was divided off but never built out. Lots at the end of Piasta on deposit at $150,000 each. Limited information on land available. Buyers responsible for soil testing and perc. Area of fine homes and new construction easy access to interstate 395 via Sutton Ave just a short drive to Oxford center. See deed for restrictive convents.
| |||
| Aug 14, 1998 | Sold | ||
| Sold | |||
| Jun 20, 1998 | Listed by Coldwell Banker Realty - Northborough | $159,900 | |
| Listed by Coldwell Banker Realty - Northborough | |||
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