120 Cromesett 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 |
|---|---|---|---|
| Dec 27, 2023 | Sold | ||
| Sold | |||
| Feb 15, 2023 | In contract | - | |
| In contract | |||
| Jan 19, 2023 | Listed by Upper Cape Realty Corp. | $249,900 | |
| Listed by Upper Cape Realty Corp. | |||
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Attention savvy builders looking for an opportunity! This beautiful 3.58 acre lot is located on Mark's Cove with views to brag about! Great location with 2.36 acres of upland and 650+ feet of frontage. Parcel is wooded with a cleared dirt path that leads down to the marsh. Town water and sewer is located at the street, Buyer is responsible for confirming tie-in availability and associated costs. Sellers have not attempted to develop this parcel, Buyer is responsible for determining what types of homes can be built and if property can be subdivided. Conveniently located near highways, shopping plazas, several restaurants and sandy beaches.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017