9 Rachel Road
About This Property
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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 |
|---|---|---|---|
| Feb 22, 2012 | Sold | ||
| Sold | |||
| Nov 9, 2011 | Sold | ||
| Sold | |||
| Oct 28, 2011 | Listed by Century 21 Travis R. E. | $199,900 | |
| Listed by Century 21 Travis R. E. | |||
| Jul 6, 1999 | Sold | ||
| Sold | |||
| May 16, 1999 | Listed by Coco, Early & Associates | $129,900 | |
| Listed by Coco, Early & Associates | |||
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GREAT STARTER! ONE LEVEL LIVING IN WEST METHUEN. 8 RMS, 3BR'S, 2 FULL BATHS, SKYLIGHTS, CATHEDRAL CEILING, 4 SEASON PORCH, WOOD STOVE, FULLY INSULATED. BIGGER THAN IT LOOKS! NOT A DRIVE BY!
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