000 Lynes Road
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 |
|---|---|---|---|
| Oct 4, 2024 | Sold | ||
| Sold | |||
| Sep 12, 2024 | In contract | - | |
| In contract | |||
| Aug 5, 2024 | Listed by Hilltown Real Estate by Adams Realty | $60,000 | |
| Listed by Hilltown Real Estate by Adams Realty | |||
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Stone walls line these two building lots being sold as one. Over 7.5 acres. Some land already cleared for your homesite, and we have a perk test in hand. The electric is over 200feet from property so you will need to invest to bring it to your site. This is a private lot. The road is not well maintained now but will be once you start your construction of your new home. The owners are open to selling the lots individually as well.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017