W Cordes Place
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 |
|---|---|---|---|
| Jan 3, 2025 | Sold | ||
| Sold | |||
| Dec 8, 2024 | In contract | - | |
| In contract | |||
| Nov 15, 2024 | Relisted | $27,000 | |
| Relisted | |||
| Nov 3, 2024 | In contract | - | |
| In contract | |||
| Oct 28, 2024 | Listed by The Norton Agency | $27,000 | |
| Listed by The Norton Agency | |||
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Building lot in city limits of Commerce. Zoned R2 with 93 feet of road frontage. With Commerce's potential for growth, this property offers an opportunity for an investment build. Minutes from downtown and I-85. New survey on file. Corner lot with 1.51 acres is also for sale. GAMLS #10404787. City utilities (water, sewer & gas) are located on the corner of the street but not directly in front of property. Zoning does not allow for manufactured homes.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017