11051 Light 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 |
|---|---|---|---|
| Jun 20, 2023 | Sold | ||
| Sold | |||
| Jun 12, 2023 | Listed by eXp Realty, LLC | $325,000 | |
| Listed by eXp Realty, LLC | |||
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Welcome to this exceptional listing! Introducing a truly rare find within the city limits - an ag-exempt acreage that offers incredible potential. This is the perfect homesite to bring your dream home to life, nestled in a picturesque setting adorned with lush, fertilized coastal and a scattering of majestic trees.
Situated conveniently close to schools, this property offers a harmonious balance between the tranquility of country living and the convenience of urban amenities. You'll find yourself in awe of the serene surroundings and the endless possibilities that this acreage presents.
Whether you're seeking a peaceful retreat or a place to establish roots for your growing family, this ag-exempt acreage is truly one-of-a-kind.
Don't miss out on this extraordinary offering! Schedule a visit today and witness firsthand the captivating beauty and potential that this property holds. It's time to turn your dreams into reality.
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| Apr 6, 2021 | Sold | ||
| Sold | |||
| Nov 4, 2020 | Listed by MITCHELL REAL ESTATE & MANAGEMENT, LLC | $290,000 | |
| Listed by MITCHELL REAL ESTATE & MANAGEMENT, LLC | |||
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Very hard to find ag exempt acreage in city limits! Perfect homesite for your dream home surrounded by fertilized coastal and some trees. This property is close to schools and a must see!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017