1625 Industrial Tram Road
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 |
|---|---|---|---|
| May 28, 2021 | Sold | ||
| Sold | |||
| Dec 12, 2020 | Listed by Century 21 Realty Partners | $299,000 | |
| Listed by Century 21 Realty Partners | |||
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Here is your opportunity to own a large piece of country property yet be close to town! Over 10+ acres of unrestricted land with 2 homes on property, fully fenced, a 30'x20' barn, and (2) 20'x20' carports with attached storage sheds. Each home is unique yet, with the same 3 bedroom/2 bathroom open floor plan. Inside home #1 you’ll find beautiful built ins, farmhouse cabinetry, an oversized kitchen island, tons of storage, and large walk in closets in every room. In home #2 you have a stone, wood burning fireplace, gorgeous floors, screened in back porch, walk in closets in every room, and it is handicap accessible. Each home has a large covered front porch perfect for enjoying your morning coffee and separate fenced in yards. The land is half cleared and has a 16’ commercial quality entrance gate with a remote opener. On property is a 32x32 pen with 8' gate, (2) 600 gallon aerobic septics, a shared well, separate electric poles. Just 5 miles from 59! Home is not in flood zone.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017