1 Rae Road
About This Property
Payment Calculator (Computations Provided by RealtyHop)
Your Estimated Monthly Payment
Cap Rate Calculator
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 5, 2023 | Sold | ||
| Sold | |||
| Apr 8, 2023 | Listed by Peter W. Powell Real Estate | $59,900 | |
| Listed by Peter W. Powell Real Estate | |||
| | |||
|
Lost Nation: 4.32 acres with outstanding mountain views from the Pilot and Pliny Ranges comprising the Kilkenny National Forest, to Cherry Mt., Garland, Lafayette, and more to the west. Its perfect southern exposure promises great solar benefits, whether passive or active. The land is primarily open field, ready for home, barn, grazing animals, if you wish, and easy landscaping around buildings and yard. An approved septic design is available, and electricity, if needed, is at the street. (See documents (D) regarding Rae Road, covenants and restrictions.) $59,900
| |||
| Aug 7, 2019 | Sold | ||
| Sold | |||
| Oct 29, 2018 | No longer available | - | |
| No longer available | |||
| Sep 6, 2018 | Listed | $34,900 | |
| Listed | |||
| | |||
|
Very nice +/- 4.32 acre building lot not far from Northumberland or Lancaster village. Mountain views and Owl's Head behind you for your hiking pleasures. The lot is mostly open with a gravel pad already built. The lot has been perc tested, and electricity is at the street. Located off a paved secondary road. All outdoor recreation activities are nearby such as skiing, snowmobiling, fishing, and boating. Build your dream home or vacation home and start enjoying all the north country has to offer in a country setting.
| |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017