Lot 1 Bell Rd
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 21, 2022 | Sold | ||
| Sold | |||
| Aug 9, 2021 | Listed by EXIT Real Estate Executives | $89,900 | |
| Listed by EXIT Real Estate Executives | |||
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This unique 1.1 acre lot saves the expenses of clearing the trees before building! Beautiful lawn is ready and waiting for you to build your Dream Home! Bonus of having Town sewer at street means you can avoid a perc test and hassle of putting in a septic system. Escape the hustle and bustle of stressed city life and enjoy quiet nights set amongst nature on this wooded street with nothing but woods across from you and behind you. Nature lovers will adore this location ! Lot will be fairly rectangular, expected to be 150 feet by 300 feet deep. There will be a second exact same size lot beside this one available soon after Lot 1 if interested in having family near. There are orange stakes to mark expected lot lines. Should be quick and easy process! Dont let this opportunity pass you by! So few houses available , so build exactly what you want here! Easy to show
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017