0-185 TARAILA RD
About This Property
Consider these combined partially wooded lots as your own little corner of the world to build your dream house. The two parcels, totaling 9.5 acres (7.1 and 2.4 acres), are being sold together, and a standard septic and deep well are on the property. However, their condition is unknown as the seller never occupied the property. The permits are included in the MLS Listing documentation. The tranquil setting is perfect for those seeking peace and quiet. Please consult with the local jurisdiction for any questions concerning the improvements. The property is being sold "as is", and the buyer and their agent are responsible for conducting due diligence on all aspects.
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017