Lot 1 Southampton Rd
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 |
|---|---|---|---|
| Mar 31, 2025 | Sold | ||
| Sold | |||
| Feb 27, 2025 | In contract | - | |
| In contract | |||
| Feb 17, 2025 | Listed | $135,000 | |
| Listed | |||
| Nov 17, 2016 | Sold | ||
| Sold | |||
| Oct 14, 2016 | Listed by The Murphys REALTORS® , Inc. | $100,000 | |
| Listed by The Murphys REALTORS® , Inc. | |||
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Lot 1. One of two great, 5 acre lots for sale in Westhampton. Both sized to be permissible by town zoning as equestrian properties with an adjoining 64+ acre parcel that is in conservation. Come build your dream house yet be only a few minutes from Northampton. Close to Outlook Farm and easy commutes to Westfield and Springfield too. Perc test and surveyor flagging of the perimeter to be done soon. Don't wait on this.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017