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17151 83rd Place N
About This Property
Located on a quiet street in a great neighborhood! Enjoy country living while having the convenience of being just a short drive to the developing city of Westlake which feature restaurants, grocery stores, and more. Just a 5 minutes to Northlake Blvd making for an easy drive to the beach.
With no HOA the possibilities are endless..Zoned agricultural/residential. Keep your horses, chickens, goats, boat, RV, etc. Confirm with zoning department for potential usage.
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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 |
|---|---|---|---|
| Jan 20, 2024 | No longer available | - | |
| No longer available | |||
| Aug 30, 2023 | Price Decreased |
$270,000
↓ $30K
(10%) | |
| Price Decreased | |||
| Aug 18, 2023 | Listed by Orbit Realty Inc | $300,000 | |
| Listed by Orbit Realty Inc | |||
| | |||
|
Peacefully and privately located on a quiet street close to Westlake, this 1.15 acre property is available and ready for you to build your dream home. The lot has been cleared and filled with a raised house pad (approx. 6000 sq ft), completed approximately 2 years ago with good elevation and compaction, and culvert drainage has already been permitted and installed by the driveway area. Clusia trees have also been planted around the perimeter adding privacy at a $50k value. Zoned Agricultural Residential with no HOA, allowing for you to bring your boats, trailers, RVs, horses, chickens, commercial vehicles, etc. Located close to shopping, grocery, restaurants and close to Northlake Blvd for an easy commute.
| |||
| Jun 26, 2023 | Sold | ||
| Sold | |||
| May 19, 2023 | Listed by Ane' & Co. | $215,000 | |
| Listed by Ane' & Co. | |||
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About The Acreage
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017