L4.1 Tripoli 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 |
|---|---|---|---|
| Aug 26, 2025 | Sold | ||
| Sold | |||
| Jul 19, 2025 | In contract | - | |
| In contract | |||
| May 20, 2025 | Listed by Howard Hanna Capital Inc | $325,000 | |
| Listed by Howard Hanna Capital Inc | |||
| Jan 16, 2025 | Listed | $535,000 | |
| Listed | |||
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This blank canvass is waiting for you to build your dream estate or develop to suit your plans. Most of the lot is being cleared of trees to open up fantastic views of mountains and valleys to the north toward Lake George and east toward Vermont. There is a beautiful gushing spring creating a flow off the property to the north, and a recently drilled well on the property. Buy the whole piece, or consider making an offer on one of the recently subdivided lots listed separately (survey map in docs). The approximately 53.86 acres is composed of 3 lots (119.-3-4.1, 119.-3-4.2, and 119.-3-4.3) which are also each listed for sale separately.
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| Feb 15, 2024 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017