Lot 1 Ludlow 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 |
|---|---|---|---|
| Nov 16, 2022 | No longer available | - | |
| No longer available | |||
| Apr 5, 2022 | Listed by Class Realty, Inc. | $84,900 | |
| Listed by Class Realty, Inc. | |||
| Oct 5, 2020 | Sold | ||
| Sold | |||
| Apr 17, 2018 | Listed by Class Realty, Inc. | $34,900 | |
| Listed by Class Realty, Inc. | |||
| | |||
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Seller will consider offers for multiple lots package deal at a reduced price. Bring your plans and build your dream home with your choice of builder in a choice location among the luxury homes at Hillcrest Estates. This building lot offers 2.09 acres near a popular golf course. This is a flag lot, meaning that it is situated behind another. This lot has previously been perced. There are also restrictive covenants.
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| Dec 1, 2010 | Sold | ||
| Sold | |||
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