0 Sunset Dr L:125
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%.
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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 |
|---|---|---|---|
| Mar 11, 2011 | Sold | ||
| Sold | |||
| Oct 27, 2010 | Listed by LAER Realty Partners | $49,900 | |
| Listed by LAER Realty Partners | |||
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Wooded 1/4 acre lot across the street from beautiful Glen Echo Lake. Public lake access nearby within walking distance. Full boating and swimming allowed. Lot was purchased when Glen Oaks Development was originally laid out and land has not been touched since. Deed refers to lot #125 as laid out in subdivision plan entitled "Glen Oaks". No docs in hand, please refer to town docs and registry of deeds docs to confirm location of lot for surveying.
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Address: 335 Madison Avenue, New York, NY 10017