3
Map
159 Sachem Ave
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 11, 2025 | Sold | ||
| Sold | |||
| Apr 16, 2025 | Listed | $100,000 | |
| Listed | |||
| Jan 22, 2025 | Withdrawn | - | |
| Withdrawn | |||
| Dec 11, 2024 | Listed by Real Broker MA, LLC | $100,000 | |
| Listed by Real Broker MA, LLC | |||
| | |||
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Please ensure you schedule an appointment before visiting the property. This 0.92-acre lot offers the potential to build either a single-family home or a duplex. However, a road will need to be constructed to create the required frontage for building. Utilities, including electricity, gas, water, and sewer, are readily available at the street. Land is partially cleared. This is a fantastic opportunity to build in the highly desirable Burncoat area, providing convenient access to local amenities, schools, and commuter routes.
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| Aug 15, 2003 | Sold | ||
| Sold | |||
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Address: 335 Madison Avenue, New York, NY 10017