1535 Vale Terrace Dr
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 |
|---|---|---|---|
| Jun 20, 2018 | Sold | ||
| Sold | |||
| May 8, 2018 | Listed by The DeWitt Group | $535,000 | |
| Listed by The DeWitt Group | |||
| Dec 15, 2014 | Sold | ||
| Sold | |||
| Mar 27, 2014 | Listed by Coldwell Banker Res Brokerage | $99,000 | |
| Listed by Coldwell Banker Res Brokerage | |||
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Developer's dream! Two separate 1/2 acre vacant lots located across from Brengle Terrace Park. Near level lots with minimal grading. All utilities are in the street. Sellers wants these lots to be sold together. Good sold comps in area to support higher priced homes. Great exposure and curb appeal for developer. Street improvement plan from engineer on file. Two power poles may have to be relocated when street widening is completed. Call agents for more information. Neighborhoods: Brengle Terrace Park Other Fees: 0 Sewer: Sewer Available
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| Dec 20, 2013 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017