0 Mill Glen 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 |
|---|---|---|---|
| Nov 1, 2024 | Sold | ||
| Sold | |||
| Oct 19, 2024 | In contract | - | |
| In contract | |||
| Oct 14, 2024 | Listed by Lamacchia Realty, Inc. | $249,000 | |
| Listed by Lamacchia Realty, Inc. | |||
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EXCEPTIONAL parcel of land being offered for sale presenting many opportunities for a developer or private owner. PASSING perc test just completed. Once you enter the property from the entrance off Mill Glen Rd you may find your mind start racing with possibilities. The partially cleared land allows you to envision what could exist... whether it be a future farm, equestrian facility, one large private estate OR maybe you continue what the current owners envisioned and create a Par 3 golf course! Take your clubs and see if you can imagine where each fairway will be! Roughly 20 acres of the land is open and the remaining 40 acres have been selectively harvested, giving you a head start on land clearing. Location is superb with just 1/2 mile to beautiful Lake Dennison where you can engage in hiking, horseback riding, swimming, kayaking, cross country skiing and more. Meet agent at the property to get a feel for the layout and where optimum house site would be based on perc results.
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| Sep 17, 2024 | No longer available | - | |
| No longer available | |||
| Apr 12, 2024 | Delisted | - | |
| Delisted | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017