Lot 1-3 Hill
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 |
|---|---|---|---|
| Aug 25, 2025 | Sold | ||
| Sold | |||
| Jun 3, 2025 | Listed by Flex Realty | $85,000 | |
| Listed by Flex Realty | |||
| Feb 18, 2022 | Sold | ||
| Sold | |||
| Nov 14, 2021 | Listed by KW Vermont - Barre | $79,500 | |
| Listed by KW Vermont - Barre | |||
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Prime location near downtown ready for your development. With a retaining wall with drainage already in place and attractive wooden fence creating a private boundary, this cleared, flat lot has a head start for your building vision. Currently zoned Res-12, was zoned commercial and had a permit in place for storage units. Would make a great lot for a multi-family. Water, sewer, and power at street.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017