1242 Cologne Rd
About This Property
Listed By
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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 |
|---|---|---|---|
| Aug 14, 2026 | Listed by RE/MAX First Shot | $199,999 | |
| Listed by RE/MAX First Shot | |||
| Aug 13, 2026 | No longer available | - | |
| No longer available | |||
| Jul 8, 2026 | Price Decreased |
$199,999
↓ $10K
(4.8%) | |
| Price Decreased | |||
| May 18, 2026 | Price Decreased |
$209,999
↓ $5K
(2.3%) | |
| Price Decreased | |||
| Aug 11, 2025 | Listed by RE/MAX First Shot | $215,000 | |
| Listed by RE/MAX First Shot | |||
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Attention Investors! Discover peaceful country living on this beautiful 4.77-acre unrestricted property in desirable Victoria. Dotted with mature trees and offering plenty of open space for children, animals, or future projects, this land is brimming with possibilities. The existing home needs repairs and is being sold AS-IS, making it an ideal investment starter property. Renovate the current structure, build your dream home, or bring in a manufactured/mobile home-there's room to make your vision a reality. Property features: Septic, electricity, and water well already on site (currently not in use) Excellent location with versatile potential Mature trees and wide-open spaces Important Notes: Home is being sold AS-IS; seller will not make repairs New survey will be the responsibility of the buyer All serious offers will be considered-schedule your showing today!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017