154 1ST AVENUE
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 |
|---|---|---|---|
| Aug 19, 2026 | Price Decreased |
$3,800
↓ $1K
(20.8%) | |
| Price Decreased | |||
| Jun 9, 2026 | Price Decreased |
$4,800
↓ $200
(4%) | |
| Price Decreased | |||
| May 6, 2026 | Listed by YOUR HOME SOLD GUARANTEED REAL | $5,000 | |
| Listed by YOUR HOME SOLD GUARANTEED REAL | |||
| Oct 25, 2025 | Price Decreased |
$4,000
↓ $2K
(33.2%) | |
| Price Decreased | |||
| Jul 2, 2025 | Listed | $5,990 | |
| Listed | |||
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Prime investment opportunity in a growing area of Interlachen! This R-2 zoned vacant lot offers future land use as agricultural—ideal for a future homesite, recreational use, or land banking. A smart addition to any portfolio, with strong growth potential in a developing market. Seller is also offering adjacent parcels (lot 16 and lot 18) as a full package totaling 0.3 acres. Don’t miss out—contact us today for more details on this incredible opportunity!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017