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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 |
|---|---|---|---|
| Apr 19, 2023 | Sold | ||
| Sold | |||
| Feb 2, 2023 | In contract | - | |
| In contract | |||
| Jan 18, 2023 | In contract | - | |
| In contract | |||
| Jan 12, 2023 | Listed by Salmon River Realty | $30,000 | |
| Listed by Salmon River Realty | |||
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Check out this 6 acre corner parcel with woods and fields. Located not far from the Salmon River and Lake Ontario, this parcel is perfect for your home, camp, or Hobby farm. Electric, cable, and city water available at the road. This property won't last long!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017