Lot 1.1 Cold Spring 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 |
|---|---|---|---|
| Feb 14, 2025 | Sold | ||
| Sold | |||
| Dec 29, 2024 | In contract | - | |
| In contract | |||
| Dec 19, 2024 | Listed by RE/MAX Connections - Belchertown | $250,000 | |
| Listed by RE/MAX Connections - Belchertown | |||
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A rare opportunity to create your dream home on this expansive 8+ acre lot! With ample space for a home and a barn, this relatively flat and cleared property offers a cost-effective foundation for your plans. Adjacent to 40+ acres of state-owned land, you'll enjoy privacy and a natural buffer from neighbors. Conveniently located near the Mass Pike and other Western Massachusetts destinations, this lot combines rural tranquility with easy access to modern conveniences. Plus, the nearby Swift River, known for its excellent fly fishing, is just down the street. Abutting Colonial style home on 1.3-acre lot is also available for purchase. Please see MLS listing #73320611.
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Address: 335 Madison Avenue, New York, NY 10017