12498 County Road 512
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 |
|---|---|---|---|
| Jun 16, 2025 | Listed by Billero & Billero Properties | $1,290,000 | |
| Listed by Billero & Billero Properties | |||
| Mar 26, 2025 | Listed by Billero & Billero Properties | $1,290,000 | |
| Listed by Billero & Billero Properties | |||
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1.29-acre industrial lot with Possible Owner Financing is a high-demand opportunity in one of the last available prime locations! Strategically positioned right in front of Route 512 with exceptional frontage and exposure, this property is perfect for businesses seeking maximum visibility and accessibility. Ideal for warehouses, distribution, storage, or manufacturing. Just 2 miles from I-95, ensuring fast and easy transportation routes. High-Traffic Visibility, frontage on CR 512 for excellent business exposure. Very little industrial land left in this booming area.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017