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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 16, 2026 | In contract | - | |
| In contract | |||
| Oct 15, 2026 | Listed by Harris Realty & Land, LLC | $65,000 | |
| Listed by Harris Realty & Land, LLC | |||
| Oct 1, 2026 | Relisted | $250,000 | |
| Relisted | |||
| May 21, 2026 | In contract | - | |
| In contract | |||
| May 13, 2026 | Listed by Real Broker, LLC | $250,000 | |
| Listed by Real Broker, LLC | |||
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Rare opportunity to own more than 13 acres of waterfront property! Currently wooded and full of potential, this versatile parcel offers the perfect opportunity to create your own private retreat, homestead, recreational getaway, or future investment property. Enjoy the peace and privacy of nature while still being conveniently located with quick access to I-40 and I-95. Endless possibilities await on this beautiful acreage! Recent survey indicates a possible disconnect in the recorded right-of-way. Buyers are encouraged to consult with their attorney to confirm legal access to the property.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017