16447 Duncan Road 1 Road
About This Property
this commerical property with many options and potential for development.!! No restrictions!! Land can be
used for single family residence and/or business!! There is a well and septic tank on the property. Property
being sold based on lot value. Homes will be sold as is. Both homes have tenants with a month to
month leasing agreement.
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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 |
|---|---|---|---|
| Dec 20, 2019 | Sold | ||
| Sold | |||
| Mar 22, 2019 | Listed by Madison Fine Properties | $250,000 | |
| Listed by Madison Fine Properties | |||
Property Highlights
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Price/ft²
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About Independence Grove
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Last Updated: 3 years ago
Data Source: HAR , MLS# 75950915
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017