0 3rd Street
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 |
|---|---|---|---|
| Jul 9, 2021 | Sold | ||
| Sold | |||
| Sep 4, 2020 | Listed by RE/MAX Integrity | $399,000 | |
| Listed by RE/MAX Integrity | |||
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Ocean views! This 5.58 acre (total) lot abuts Almy Pond and is comprised of 4 adjacent parcels on both sides of 3rd Street. Walk to the BaySide for breakfast or to East Beach to cool off. Horseneck and Cherry and Webb Beaches are just a minute or two by car and you can ride your bike to Gooseberry Island for spectacular sunsets. This is your opportunity to build a home that takes advantage of spectacular views of the Atlantic Ocean, Cuttyhunk and the Elizabeth Islands! Lot on the north side of 3rd Street has now been deemed buildable by the Town of Westport and percs are as of August, 2019. There are specifications and requirements for building on this lot. See attached docs or ask for more information. Don’t miss this opportunity!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017