- Route 16
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 |
|---|---|---|---|
| Sep 27, 2019 | Sold | ||
| Sold | |||
| Jun 10, 2019 | Listed by Century 21 Farm & Forest | $40,000 | |
| Listed by Century 21 Farm & Forest | |||
| | |||
|
Very nice 3.46-acre building lot just south of Glover Village on paved road. Has an abundance of maturing Christmas trees (over 1500 trees). Soil tests on file and indicate acceptable for septic system. Building site already cleared and owner would build your home to suit. Keep that in mind when making an offer.
| |||
| Apr 28, 2017 | Sold | ||
| Sold | |||
| Jan 25, 2017 | Listed by Century 21 Farm & Forest | $29,900 | |
| Listed by Century 21 Farm & Forest | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017