0 Progress Ave
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 6, 2020 | Sold | ||
| Sold | |||
| Sep 20, 2020 | Listed by Century 21 Lake Realty | $40,000 | |
| Listed by Century 21 Lake Realty | |||
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DUDLEY-14,445 square foot lot in desirable DUDLEY. Build your dream home in a quiet neighborhood. Level lot with town water and sewer in street. Close to highway, shopping and schools. Won't last long. Lot -1 Lot 2 and 9 also available for $59,900 to make your total lot size over one acre of land
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| Oct 30, 2006 | Sold | ||
| Sold | |||
| Jun 8, 2006 | Listed | $64,900 | |
| Listed | |||
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2.94 Acres in a Residential Neighborhood, but the zoning on this lot was changed to "Business" through the efforts of an abutter who wanted to develope it as part of his property, never happened. The lot is best suited for residential use, its zoning may be able to be changed back to residential but that would be at the buyer's/new owners time and risk. The final sale price will be worth it either way!
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Address: 335 Madison Avenue, New York, NY 10017