1000 NEWMAN 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 |
|---|---|---|---|
| Apr 7, 2026 | Sold | ||
| Sold | |||
| Mar 26, 2026 | In contract | - | |
| In contract | |||
| Mar 1, 2026 | Listed by Home Pros Real Estate Group | $200,000 | |
| Listed by Home Pros Real Estate Group | |||
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Unlock the potential of this 5.27-acre property offering immediate utility and long-term upside. Featuring a manufactured home and expansive, usable farmland, this property presents a versatile investment opportunity for agricultural use, land holding, or future development.
The acreage offers additional value through farming or future improvements. With over five acres of open, usable land, this property can also serve as a peaceful retreat away from the city.
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| Sep 21, 2015 | Sold | ||
| Sold | |||
| Jul 15, 2014 | Listed by Century 21 The Edge | $130,000 | |
| Listed by Century 21 The Edge | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017