0 Sandy Hill, Lot 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 |
|---|---|---|---|
| Sep 8, 2025 | Listed by RE/MAX Real Estate Center | $250,000 | |
| Listed by RE/MAX Real Estate Center | |||
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| Jun 2, 2023 | Sold | ||
| Sold | |||
| Apr 22, 2023 | In contract | - | |
| In contract | |||
| Apr 13, 2023 | Listed by Deborah Gallagher Realty | $199,900 | |
| Listed by Deborah Gallagher Realty | |||
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This is it! Start building your dream home. The lot has been cleared, and water /sewer are stubbed at the lot. All you need is a set of house plans and a building permit to begin construction of your new home.Tucked away at the end of a private road you'll find this beautifully wooded 40,000 SF lot. Nature abounds this very private setting, surrounded by fields, woodlands, and conservation land. Seller and seller's representatives make no guarantees or warranties. Buyer and Buyer's agent to do due diligence.
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