Lot 9 Welcome St
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 30, 2013 | Sold | ||
| Sold | |||
| May 17, 2013 | Listed by Andrew Mitchell & Company, LLC | $324,900 | |
| Listed by Andrew Mitchell & Company, LLC | |||
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NEW CONSTRUCTION AT MARINER ESTATES. THIS IS A GREAT AREA CONVINIENT TO BEACHES, SHOPPING, PARKS, AND SCHOOLS. ALL TOWN UTILITIES,WATER, NATURAL GAS AND SEWER.THREE BEDROOM ALL HARDWOODS, TILED BATHS, GRANITE, CENTAL AIR, CENTRAL VAC,ALARM AND GARAGE. THERE IS STILL TIME TO MAKE CHANGES.
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| May 16, 2013 | Sold | ||
| Sold | |||
| Sep 11, 2012 | Listed by Olde Dartmouth Sotheby's International Realty | $99,500 | |
| Listed by Olde Dartmouth Sotheby's International Realty | |||
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Lot 9 is ready to build with town approvals. "Mariner Estates" is a well-valued Community convenient to beaches, shopping, parks, schools, restaurants, golf, marinas, bike path, recreation fields and commuting. It is situated along the Massachusetts south coast with access to Boston, Providence, Newport, Cape Cod and the Islands with ferry service. OWNER FINANCING & BUILDER'S PACKAGE AVAILABLE. Town water/sewer, nat. gas, cable provided at street.
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