Lot 11 Dennison Lane
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 |
|---|---|---|---|
| Jan 23, 2019 | Sold | ||
| Sold | |||
| Mar 13, 2018 | Listed by Hometown Realty | $310,000 | |
| Listed by Hometown Realty | |||
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To be built home
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| Sep 28, 2009 | Sold | ||
| Sold | |||
| Jul 20, 2009 | Listed by RE/MAX Prof Associates | $42,900 | |
| Listed by RE/MAX Prof Associates | |||
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Lot has an inground pool and pool house already built, possible to use foundation of pool house for foundation of home, would need variance, septic design done, perc done, could tear down foundation of pool house and add foundation for home or put up in front, "as built" available, easy lot to work with call for further detiails.
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Address: 335 Madison Avenue, New York, NY 10017