Lot 1 and Mace Road
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 |
|---|---|---|---|
| Dec 13, 2023 | No longer available | - | |
| No longer available | |||
| Dec 12, 2023 | Sold | ||
| Sold | |||
| Dec 3, 2023 | Listed by Re/Max Above & Beyond | $99,000 | |
| Listed by Re/Max Above & Beyond | |||
| | |||
|
Beautiful 2.64 acre building lot located in Mebane. Conveniently located to Hwy 70 and interstate 85. No restrictions. Lot 1 does not perk. Perk site located on lot 2 for 3 bed 2 bath. Lots must be sold together. Lot's are zoned R-1
| |||
| Nov 18, 2023 | Listed by Winland Group, LLC | $140,000 | |
| Listed by Winland Group, LLC | |||
| May 6, 2022 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017