150 Janice Lane
About This Property
Don't miss this unique opportunity to own 5 beautiful acres of land, offering the ideal mix of open space and wooded privacy. Whether you're looking to build, or simply invest, this property is partially cleared and partially wooded, giving you the flexibility to make it your own. Electric, Septic and Well are on site.
No HOA. No flood insurance required.
Fenced perimeter, except an open section in front. All that's missing is your vision for a custom home or investment retreat that embraces the peaceful private tranquility of this property.
Buyer will be responsible to complete due diligence to ensure accuracy of all information.
This land is Vacant with utilities.
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017