174 Lower County 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 24, 2023 | Sold | ||
| Sold | |||
| Sep 27, 2022 | In contract | - | |
| In contract | |||
| Sep 23, 2022 | Listed by Northeast Properties | $250,000 | |
| Listed by Northeast Properties | |||
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Mixed use property consisting of a 3 bdrm colonial and commercial garage previously used for auto repair. No warranties made for allowable uses, buyer to exercise due diligence with town for approved uses. Condition of property and mechanicals unknown. Home being sold in as-is condition. Buyer to assume clean out and removal of autos/boats and any personal property. Basement stairs missing, no interior access therefore basement elements also unknown. Please use extreme caution upon viewing the property. Buyer responsible for smoke certificates, title V, or any inspections applicable.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017