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1132 SECURITY ROAD
About This Property
Perhaps the most unique benefit of this property is its exceptional privacy and neighborly arrangement. The adjacent turn lot is owned by a local cement company that purchased the land and knocked down the old houses strictly to ensure clear line-of-sight visibility for their trucks coming and going. Because of this, you will experience no additional noise, and you have peace of mind knowing no future building will ever be done there.
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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 21, 2026 | Listed by Compass | $250,000 | |
| Listed by Compass | |||
| Aug 20, 2026 | Price Decreased |
$254,900
↓ $5K
(2%) | |
| Price Decreased | |||
| Aug 1, 2026 | Relisted | $260,000 | |
| Relisted | |||
| Jul 29, 2026 | In contract | - | |
| In contract | |||
| Jul 11, 2026 | Relisted | $260,000 | |
| Relisted | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017