0 Marble Lane
About This Property
Board of Health approved for a 4-bedroom residence, this recently cleared 5+ acre parcel is ideally suited for the development of a custom luxury home. With favorable topography, accessible road frontage, and expansive outdoor space to enjoy year-round, the property presents an outstanding opportunity to create a private retreat in a highly desirable location.
For buyers seeking expert guidance through the building process, the current property owners are experienced local builders recognized for quality craftsmanship and attention to detail. Offering several architectural plans to choose from, they can help bring your vision to life by customizing a home that seamlessly blends functionality, comfort, and modern design-while assisting with local zoning, permitting, and approval processes.
Whether you are ready to build immediately or planning for the future, this is a rare opportunity to secure a premier piece of land and create the home you've always envisioned.
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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 |
|---|---|---|---|
| Aug 21, 2026 | Sold | ||
| Sold | |||
| Jul 9, 2026 | In contract | - | |
| In contract | |||
| May 19, 2026 | Listed by Houlihan Lawrence Inc. | $249,000 | |
| Listed by Houlihan Lawrence Inc. | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017