0 Blackmer Rd
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 |
|---|---|---|---|
| Jul 9, 2026 | Listed by RE/MAX Vision | $280,000 | |
| Listed by RE/MAX Vision | |||
| Jul 1, 2026 | No longer available | - | |
| No longer available | |||
| Sep 30, 2025 | Listed by RE/MAX Vision | $295,000 | |
| Listed by RE/MAX Vision | |||
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Perfect opportunity for Privacy, Recreation, and potential investment with frontage lots. Enjoy the land and build your dream home and in the future if you wish to subdivide a lot or lots it meets zoning requiements presently.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017