0 Petersham Rd L:1
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 |
|---|---|---|---|
| Jun 4, 2025 | Sold | ||
| Sold | |||
| May 25, 2025 | In contract | - | |
| In contract | |||
| Jan 31, 2025 | Listed | $45,000 | |
| Listed | |||
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Spanning nearly 1.5 acres, this lot is a fantastic opportunity for builders and home owners alike! Zoned for residential construction and meeting all zoning codes, this property is ready for development. While it requires clearing and has not been perc or soil tested, it offers a solid foundation with existing fill from the original Rt 2 construction. This property does have a stream from highway runoff - which local septic/excavating professionals have deemed workable. Unique features include natural boulders and privacy, adding character to the landscape. Conveniently located near shopping centers, hiking trails and public schools, this lot offers both accessibility and potential - all at a great price!
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| Dec 29, 2021 | Sold | ||
| Sold | |||
| Oct 21, 2021 | Listed by HOMETOWN REALTORS® | $29,000 | |
| Listed by HOMETOWN REALTORS® | |||
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This buildable wooded lot is conveniently located to Route 2 for those commuters out there. Close to local shopping and schools.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017