Lot 1A Washington St
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 13, 2024 | Temporarily off market | - | |
| Temporarily off market | |||
| Mar 10, 2024 | In contract | - | |
| In contract | |||
| Jan 15, 2024 | Price Increased |
$699,000
↑ $50K
(7.7%) | |
| Price Increased | |||
| Dec 5, 2023 | Listed by Barrett Sotheby's International Realty | $649,000 | |
| Listed by Barrett Sotheby's International Realty | |||
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NEW CONSTRUCTION! BUILDER WILL BUILD TO SUIT! A residential building lot consisting of 2.23 acres (97,139 sf) of land. Subject property abuts protected open space and passive recreation trails. The approved building lot is accessed by a long secluded driveway with home construction set well off the street. Town water and underground conduit for electric and cable will be located at the driveway. This beautiful lot is an opportunity to build your dream home!
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| Apr 8, 2021 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017