104 2ND Avenue
About This Property
for adjoining parcel total 2.13 acres combined.
This vacant land is a great opportunity to build your dream home in the rural area of Satsuma. It is zoned Residential, Partially cleared WITH ELECTRIC pole, HIGH & DRY!
Every effort is made to produce and publish the most current and accurate information as possible. No Warranties, expressed or implied. All terms and conditions must be in writing. Buyer and/or agent are totally responsible to inspect and verify all aspects of subject property and should give their own diligence in discovering the current status of code compliance or zoning use for 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 |
|---|---|---|---|
| Sep 17, 2021 | Sold | ||
| Sold | |||
| Jun 29, 2021 | Listed by HOMESMART | $17,500 | |
| Listed by HOMESMART | |||
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Last Updated: 3 years ago
Data Source: Real MLS, MLS# 1117927
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Address: 335 Madison Avenue, New York, NY 10017