1294 Loop Road
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%.
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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 25, 2024 | Sold | ||
| Sold | |||
| Aug 19, 2024 | In contract | - | |
| In contract | |||
| Aug 14, 2024 | Listed by Century 21 Farm & Forest | $475,000 | |
| Listed by Century 21 Farm & Forest | |||
| Feb 26, 2021 | Sold | ||
| Sold | |||
| Nov 5, 2020 | Listed by Century 21 Farm & Forest | $289,000 | |
| Listed by Century 21 Farm & Forest | |||
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Large parcel of land formerly a dairy farm, being 199 acres with approximately 140 acres agricultural land, the balance wooded. The cropland has been maintained. There are no longer any buildings here. 180 acres on one side of the road with 19 acres on the other. If you're looking for extra feed for your farm operation this would be a great buy. Development rights have been sold.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017