117 WALLACE Lot 12
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 |
|---|---|---|---|
| Dec 7, 2004 | Sold | ||
| Sold | |||
| Nov 2, 2004 | Listed by PLATT REALTY INC | $6,000 | |
| Listed by PLATT REALTY INC | |||
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Lot 9 = $6000. 3 other lots adjacent to this lot. Each lot approx. .21 acre each, total of all 4 = .86. Other lots #'s are 10, 11, 12. Buy one, two, three, or all 4. $6000 each. Nice trees just off paved road.
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| Aug 20, 2004 | Sold | ||
| Sold | |||
| Aug 28, 1998 | Listed by PRUDENTIAL TREND REALTY | $4,900 | |
| Listed by PRUDENTIAL TREND REALTY | |||
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CASH OR $5,900 WITH OWNER FINANCING. ASSESSED AT $6,000. FOUR LOTS SIDE BY SIDE ON WALLACE W/NICE TREES AND JUST OFF PAVED ROAD.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017