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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 30, 2024 | Sold | ||
| Sold | |||
| Aug 15, 2024 | In contract | - | |
| In contract | |||
| Jul 31, 2024 | Listed by Parodi Real Estate Firm | $77,777 | |
| Listed by Parodi Real Estate Firm | |||
| | |||
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This corner lot at the intersection of 610 and Arlington is an excellent location for your dream business, home, or advertising sign. The options are many, and it's conveniently located within walking distance of Whole Foods and the freeway entrance, offering significant traffic and site visibility.
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| Jul 17, 2024 | No longer available | - | |
| No longer available | |||
| Jul 9, 2024 | Price Decreased |
$77,500
↓ $287
(0.4%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017