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15692 China Spring Road
About This Property
This parcel is ready for your next build, complete with water meter and electric meter and an RV hookup for you to stay as you build!
Seller is willing to subdivide!
Listed By
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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 |
|---|---|---|---|
| Sep 13, 2026 | Price Decreased |
$240,000
↓ $5K
(2%) | |
| Price Decreased | |||
| Nov 12, 2025 | Price Decreased |
$244,900
↓ $4K
(1.7%) | |
| Price Decreased | |||
| Sep 14, 2025 | Listed by Arise Capital Real Estate | $249,000 | |
| Listed by Arise Capital Real Estate | |||
| Dec 5, 2019 | No longer available | - | |
| No longer available | |||
| Jul 27, 2018 | Listed | $101,000 | |
| Listed | |||
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This 5 acre tract of land is only 3.8 miles from China Spring High School. If you are looking to build in China Spring, this parcel is ready for you. Water meter and electric meter has already been installed and there is even a line for a RV hookup. The 39x7x8.5 storage container conveys...or it can be removed if you do not want it.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017