140 Rockingham Road L 028
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 |
|---|---|---|---|
| Mar 11, 2021 | Sold | ||
| Sold | |||
| Dec 24, 2020 | Listed by Summerview Real Estate, LLC | $299,900 | |
| Listed by Summerview Real Estate, LLC | |||
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Great opportunity for a developer for business. This property includes a home but it is in disrepair 8 Acres zoned GC3. 8 acres general commercial on Rockingham Rd. Can have bank, retail, restaurant, pharmacy, office etc. Parcel is zoned GC3. Major access and paved road. Please see uses under the paperclip. No house subdivisions allowed. House is included..
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| Aug 6, 2016 | Listed by Summerview Real Estate, LLC | $299,000 | |
| Listed by Summerview Real Estate, LLC | |||
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This antique home is sitting on 8 acres of (GC3) general commercial land. Home needs lots of work sold as is or a tear down. Value is in the land. Build a restaurant, bank, retail, pharmacy,office etc. (R411)
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017