172 Mendon Rd
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 19, 2019 | Sold | ||
| Sold | |||
| May 15, 2017 | Listed by RE/MAX Advantage 1 | $130,000 | |
| Listed by RE/MAX Advantage 1 | |||
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Location! Location! Desirable area of Sutton! Rare offering on scenic Mendon Rd to build your new home! Lot is high and dry with good drainage and the build site has been mostly cleared. Easy access to RT 146. Seller will perc lot with signed offer. Lot might be best shaped out like the house across the street to level build site. Lot is being surveyed and approved as two acres and approximately 250 ft frontage to meet conforming lot requirements.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017