9-11 Poets Corner 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 |
|---|---|---|---|
| Jul 7, 2023 | Sold | ||
| Sold | |||
| Jun 15, 2023 | In contract | - | |
| In contract | |||
| Jun 5, 2023 | Listed by 5 College REALTORS® | $175,000 | |
| Listed by 5 College REALTORS® | |||
| | |||
|
Always sought after and seldom found: the last potential developable building lot tucked away in a beautiful, natural, and private location at the end of the Poet’s Corner subdivision off Pelham Rd. in Amherst. Approved for a duplex in the subdivision plan, but never built, this flag lot is within walking distance of Fort River Elementary and Amherst Center. The level site for the home is largely cleared, and the remainder of the 1.34 acres is studded with evergreen and deciduous trees and shrubs. Walk along a cleared path in the woods and beside a split-rail fence that defines the boundary on two sides. You can enjoy partial views of APR farmland to the south and of adjoining acres of garden to the west. A shared driveway connects this lot and a neighboring house to the ten other homes on Poet’s Corner. You will appreciate the advantages of a survey, town water and sewer, as well as on site electrical and gas lines (presently the natural gas line is subject to moratorium on hookups).
| |||
| Jul 2, 2003 | Sold | ||
| Sold | |||
| Apr 24, 2003 | Listed by Brick & Mortar | $169,900 | |
| Listed by Brick & Mortar | |||
| | |||
|
BEAUTIFUL 1/37 ACRE LOT FACING SOUTH. OFFERS PEACE & TRANQUILITY & PRIVACY AT THE END OF A CUL-DE-SAC. MINUTES TO AMHERST CENTER, SHOPPING AND SCHOOLS. OUR BUILDER OR YOURS - SITE AND PLAN APPROVAL REQUIRED
| |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017