151 Washington Heights Road
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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 |
|---|---|---|---|
| Jul 7, 2022 | Listed by Bean Group / Peterborough | $50,000 | |
| Listed by Bean Group / Peterborough | |||
| Jul 30, 2021 | No longer available | - | |
| No longer available | |||
| Jun 10, 2021 | Price Decreased |
$55,000
↓ $5K
(8.3%) | |
| Price Decreased | |||
| Mar 10, 2021 | Listed by Bean Group / Peterborough | $60,000 | |
| Listed by Bean Group / Peterborough | |||
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Come find out what the possibilities are for this +/- 5.1 acre parcel with potential mountain views in the back of the lot! Not only has a driveway already been put in, but there is also electric on site and a +/- 11x12 camp located on the property! This secluded lot boasts ample privacy and is ideal for nature lovers and outdoor enthusiasts. Make use of the hiking, skiing, snowmobiling, four wheeling, fishing, kayaking, canoeing, swimming, and hunting that this property's location has to offer. Want to spend a relaxing day soaking up the sun by the water? Take a quick drive over to Millen Pond where you can do just that! Love skiing? This property is conveniently located approximately 30 mins from Pats Peak, 35 mins from Mount Sunapee, and 35 mins from Crotched Mountain. The subject parcel was merged with the house lot (117 Washington Heights Road) a few years ago by the current owner. With that being said, the sale of this property is subject to approval of subdivision, which shall be obtained by the Town of Washington Planning Board. Don't let this rare opportunity in the low tax town of Washington pass you by! Please schedule an appointment before walking the property!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017