Lot 1 Cranberry Street
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 |
|---|---|---|---|
| May 9, 2014 | Sold | ||
| Sold | |||
| Nov 18, 2013 | Listed by James Krystof | $120,000 | |
| Listed by James Krystof | |||
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Mostly level 1.86 acre building lot on nice country road. Wooded, but some clearing has been done where home will be sited. Backyard will get nice Southern exposure. Recently subdivided from larger parcel, the approved plan was recorded at Bk 02013 Pg 882, Document Number 882 on 11/8/13. Perc test and deep hole testing for septic was done in October 2013. Septic design will be included. Sandy soils should mean easy, low cost septic system installation. No wetlands. Easement benefitting driveway to the adjoining lot is at the rear of the property. Additional building lot available, see listing #71609222.
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Address: 335 Madison Avenue, New York, NY 10017