1205 Casa Lane
About This Property
Set within a quiet, family-friendly community with newer custom homes, this generously sized lot provides ample space for your custom home, a detached garage or shop, and outdoor living areas. With utilities available at the street and no HOA restrictions, you'll enjoy the freedom to build your vision without limitations.
Whether you're a builder, investor, or future homeowner, 1205 Casa Ln presents a rare chance to secure land in a growing area with strong long-term potential. Experience peaceful country living with the convenience of nearby amenities-don't miss out on this unique opportunity! Potential of owning 1.2 arces seller will be selling the additional lot.
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Cap Rate Calculator
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 15, 2025 | Sold | ||
| Sold | |||
| Sep 13, 2025 | In contract | - | |
| In contract | |||
| Sep 10, 2025 | Listed by Star State Realty LLC | $60,000 | |
| Listed by Star State Realty LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017