1165 Main Rd
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 |
|---|---|---|---|
| Oct 4, 2024 | Sold | ||
| Sold | |||
| Sep 27, 2024 | In contract | - | |
| In contract | |||
| Sep 9, 2024 | Listed by Keller Williams South Watuppa | $419,900 | |
| Listed by Keller Williams South Watuppa | |||
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Commercially zoned!! LOADS of potential with this ranch in the heart of Westport. 3 bedroom, 1 bath ranch in great Westport location. On just shy of an acre, 1165 Main Rd has the convenience of Route 88 and close proximity to Central Village. A major plus is that the property is commercially zoned with endless opportunities for a new business or expansion of an existing one. The home sits off the road on a partially wooded lot. With some imagination and elbow grease, this property can easily be brought back to life and shine bright as it once was. Roof approximately 12 years old
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017