178 New Lenox Road
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 |
|---|---|---|---|
| Jan 13, 2025 | No longer available | - | |
| No longer available | |||
| Dec 29, 2024 | Withdrawn | - | |
| Withdrawn | |||
| Aug 13, 2024 | Listed by Coldwell Banker Realty - Boston | $385,000 | |
| Listed by Coldwell Banker Realty - Boston | |||
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Opportunity Knocks! Expansive Lenox parcel (three adjacent lots) with frontage on East Street and New Lenox Road. Build your dream home or take advantage of this unbeatable development opportunity in highly sought after location! Just minutes away from restaurants, Shakespeare, Tanglewood, Canyon Ranch, and Kripalu. Seasonal stream with footbridge located on the property. The parcels have natural gas, city water, & city sewer. Don't miss out on this amazing opportunity!
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| Jul 1, 2024 | Sold | ||
| Sold | |||
| Mar 4, 2024 | Listed by Keller Williams Realty | $799,000 | |
| Listed by Keller Williams Realty | |||
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ANOTHER LOT ADDED!!! Opportunity Knocks! Expansive Lenox parcel with frontage on East Street and New Lenox Road with Subdivided lots. Build your dream home or take advantage of this unbeatable development opportunity in highly sought after location! Well maintained Lenox 3 Bed 2 Full Bath conventional home is your ideal getaway to take advantage of all that the Berkshires has to offer. Features hardwood floors, spacious rooms, & wood burning fireplace. DON'T MISS OUT!!!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017