Map 137-5 Worcester 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%.
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 |
|---|---|---|---|
| Nov 12, 2021 | Sold | ||
| Sold | |||
| Aug 29, 2021 | Listed by Sholan Realty | $119,000 | |
| Listed by Sholan Realty | |||
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Zoning is COMMERCIAL with Residential use allowed. We just finished the clearing and stump removal improvements. Come see the potential space this Lot affords. . The soils are all sand and gravel, easy digging and minimum cost septic systems using 2' minute percs and low ground water. Town water is in front and UG electric comes from the rear of the lot. This lot is across from State Conservation land, There is Commercial usage on both sides of the lot and residential homes adjacent. Come and See. Sterling is a Great Town for Home and Business.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017