4 Martell Court
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 26, 2025 | Sold | ||
| Sold | |||
| Jan 14, 2025 | Listed by Payne Team LLC | $59,000 | |
| Listed by Payne Team LLC | |||
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Building lot in Orange County. Property is on a new road that was fully blacktopped in fall 2023 with gravel shoulders. This lot offers seclusion on a quiet cud de sac, yet is close to town. Martell Builders is exclusive Builder. Property is in Orange County in the Town of Deerpark, and is in the Eldred School District. Above ground power installed in 2022. Fully engineered lot. Deed restrictions. This lot is the last lot available in the subdivision.
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| Jan 22, 2024 | Sold | ||
| Sold | |||
| Oct 17, 2023 | Listed by Payne Team LLC | $59,900 | |
| Listed by Payne Team LLC | |||
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Just listed - building lot in Orange County. Property is on a new road that was fully blacktopped in fall 2023 with gravel shoulders. This lot offers seclusion on a quiet cud de sac, yet is close to town. Martell Builders is exclusive Builder. Property is in Orange County in the Town of Deerpark, and is in the Eldred School District. Other areas of Deerpark are Port Jervis School District & substantially higher school taxes. Above ground power installed in 2022. Fully engineered lot. Deed restrictions. This lot is the last lot available in the subdivision.
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| May 2, 2022 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017