1735 Priest Drive
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 |
|---|---|---|---|
| Nov 26, 2024 | Sold | ||
| Sold | |||
| Aug 27, 2024 | In contract | - | |
| In contract | |||
| Aug 16, 2024 | Listed by Keller Williams Signature | $150,000 | |
| Listed by Keller Williams Signature | |||
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This land is a blank canvas brimming with potential—perfect for building your dream home or exploring the option to rezone for multiple units. With no restrictions or HOA, you have the freedom to bring your vision to life. The property has been thoughtfully cleared, backfilled, and leveled, making it ready for your project. Featuring two convenient entrances, access is a breeze. Plus, its prime location near the airport and major highways like I-69, US-59, 610, and the Hardy Toll Road ensures you're well-connected to everything the area has to offer. Whether you envision a serene retreat or a bustling multi-unit complex, this property provides the ideal opportunity!
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| Jul 25, 2024 | No longer available | - | |
| No longer available | |||
| Apr 27, 2024 | No longer available | - | |
| No longer available | |||
Property Highlights
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017