11
Map
1602 County Road 62
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 |
|---|---|---|---|
| Feb 2, 2026 | Listed by Hieu Duong | $895,000 | |
| Listed by Hieu Duong | |||
| Jan 1, 2026 | No longer available | - | |
| No longer available | |||
| Feb 4, 2025 | Price Decreased |
$479,000
↓ $10K
(2%) | |
| Price Decreased | |||
| Jan 20, 2025 | Listed by Hieu Duong | $489,000 | |
| Listed by Hieu Duong | |||
| | |||
|
5 Acres out of 10ac Unrestricted Opportunity in Iowa Colony! Commercial or Residential! The possibilities here are endless. Imagine the perfect place for your dreams on this expansive 5-acre parcel in the beautiful landscapes of Iowa Colony, just off County Road 62. With NO Restrictions, NO (HOAs), out of Flood Zone and low taxes, this property offers unparalleled freedom to create your ideal home, start a thriving business, or cultivate farmland, and this stunning piece of land is ready for you to make it your own!
| |||
| Dec 31, 2024 | No longer available | - | |
| No longer available | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017