00 Eastham
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 28, 2023 | Sold | ||
| Sold | |||
| May 15, 2023 | Listed by Fountains Land Inc. | $490,000 | |
| Listed by Fountains Land Inc. | |||
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The property represents a solid long-term timber investment, including an easily accessible, attractive building site with local views of the Saddle Mountain Range, combining a residence option with an appreciating timber asset. The land is mostly gently sloping with dense, maturing forest resources, giving way to easy trial development with attractive woodland aesthetics, offering good recreational opportunities. A conservation easement protects the land, however, it provides for a building site near the quiet town road frontage. Highlights include 1) approved +/-6 acre homesite development zone, easily accessible with level terrain and close proximity to electric and phone services, 2) abundant water features including streams, open water wetland ponds and wetland habitat, 3) exceptional long-term timber investment attributes with a timber value of $472,000, 4) subject to a conservation easement held by the Vermont Land Trust restricting future subdivision & non-sustainable forest management.
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| Sep 28, 2015 | Sold | ||
| Sold | |||
| Aug 20, 2014 | Listed by Kelley Real Estate, Inc. | $35,000 | |
| Listed by Kelley Real Estate, Inc. | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017