1525 Bugtussle Lane
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 |
|---|---|---|---|
| Oct 21, 2024 | Sold | ||
| Sold | |||
| Jun 26, 2024 | In contract | - | |
| In contract | |||
| May 22, 2024 | Listed by Land Unlimited | $370,000 | |
| Listed by Land Unlimited | |||
| May 6, 2024 | Listed by Land Unlimited | $370,000 | |
| Listed by Land Unlimited | |||
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Discover a rare unrestricted property with 3.9 acres of possibility. Featuring a 2 bedroom, 1 bath home including: a new roof, new flooring, new air conditioning and much more! The property is fully connected to all utilities and even has a "bonus room" perfect for use as an office, mudroom or whatever you desire! An RV hook-up already on the land provides a space for guests or to use while you build additional homes. Enjoy added peace of mind having a secure gated entrance and fully fenced to maintain your privacy. With inventory moving quickly, don't miss this incredible opportunity, call us today to schedule a showing!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017