1437 Nitzel Road
About This Property
Listed By
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Cap Rate Calculator
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 |
|---|---|---|---|
| Dec 23, 2025 | Listed by McGraw, REALTORS | $59,500 | |
| Listed by McGraw, REALTORS | |||
| Dec 15, 2025 | Price Decreased |
$59,500
↓ $10K
(14.4%) | |
| Price Decreased | |||
| Jun 7, 2025 | Price Decreased |
$69,500
↓ $20K
(22.4%) | |
| Price Decreased | |||
| May 21, 2025 | Price Decreased |
$89,500
↓ $6K
(5.8%) | |
| Price Decreased | |||
| Dec 24, 2024 | Listed | $95,000 | |
| Listed | |||
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Water Front land ready for it's new owner. This property meets up with Corps land, and has a septic in place, approved for rural water and electric is at roadway. Land can be used for a mobile home or build your dream lake home get-a-way. Area is minutes from #9 Marina, boat ramp in sub-division area, and a wonderful sandy beach area to gather with friends or catch a little sunrays by the shoreline. Make this a place to settle in at.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017