0 Barker St. Lot 2
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 |
|---|---|---|---|
| Jan 30, 2025 | Sold | ||
| Sold | |||
| Dec 16, 2024 | In contract | - | |
| In contract | |||
| Dec 11, 2024 | Listed by Keller Williams Elite | $159,900 | |
| Listed by Keller Williams Elite | |||
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Beautiful Lot with 57ft frontage that is 97.42ft deep with 5,550 sq ft lot area that has options. There is a large three-car cinder block garage currently on lot that is great for storage with room along right side to access large space in back of lot for more potential uses. The seller will also be providing an approved variance before closing for this lot to build a single-family house if new owner chooses to. This is a newly subdivided lot with an approved subdivision plan that will only need an approved variance to be buildable for a potential 30ft by 50ft house. The lot only has a few trees on it that need to be cleared to build. The garage will most likely need to be removed if you want to build a large single-family home but that will be up to the new owner. Don't delay schedule a showing today this great priced lot will not last long!!!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017