Lot 1 Davis Hill Rd
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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 |
|---|---|---|---|
| May 2, 2019 | Sold | ||
| Sold | |||
| Sep 13, 2018 | Listed by Lamacchia Realty, Inc. | $139,000 | |
| Listed by Lamacchia Realty, Inc. | |||
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House Lot in Paxton... 200 feet of frontage and 300 feet deep.....More land could be negotiated as well since this is part of a 35 acre parcel. Perc test performed and passed on 9/13/18. Lot is located to the right of the farmhouse where the hay field starts and goes 200 feet up the street. There are RED STAKES that basically represent the land but are not installed by a Land surveyor. There will also be lots #2 & #3 coming on the market 2/2/19 that are to the left of the farmhouse.The entire 34.5 Acre parcel including the 5 bedroom farmhouse is also for sale including this lot listed on MLS #72271484.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017