120 Indian Lane, Lot 6
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 |
|---|---|---|---|
| Feb 24, 2021 | Sold | ||
| Sold | |||
| Jan 13, 2021 | Listed by William Raveis R.E. & Home Services | $319,000 | |
| Listed by William Raveis R.E. & Home Services | |||
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LAND that is situated in an enclave of million dollar homes! A rare opportunity to build your own Custom Design Home as your neighbors have. Position your home high above Indian Lane creating the lifestyle you have dreamed about. This lot is 3 of 4 lots available in this much sought after upper end neighborhood. BUILDERS take notice! What an opportunity to builder Master Pieces and offer a gorgeous home for the unlimited amount of buyers we have available in this market! Each lot offers privacy and abuts 6.82 acres of natural open space that reads directly to Glen Echo Lake. This is a unique opportunity that may not be repeated in Canton. Don't miss your chance to bring your dreams to reality. All lots have walking access to the lake. See drone video attached.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017