1789 Joseph Cir
About This Property
The plans call for a 6200 square foot ranch with a complete walk out basement along with a 1400 square foot garage with a custom height RV garage door. According to comps- this completed project will boast a projected price of $2.3m-$2.5m! This shall yield $1 MILLION DOLLARS OF EQUITY for you homeowners or developers! Projected build costs of $800k can be included with a FULL BUDGET. It doesn't get any better than this!!! Please see MLS # 9974621 under New Home Plan for more info regarding the Plans including renderings and floorplans! Seller HIGHLY motivated! Bring an offer and see what happens!! Ask about Seller financing! You are under no obligation to use these plans or builder. You may use your own. Call broker for details. This has it all- Views, location, price, plans, well, septic drop, electrical- it couldn't be more perfect!
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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 |
|---|---|---|---|
| Jul 9, 2026 | Price Decreased |
$399,999
↓ $33K
(7.6%) | |
| Price Decreased | |||
| Jul 7, 2026 | Withdrawn | - | |
| Withdrawn | |||
| Jun 23, 2026 | Price Increased |
$433,000
↑ $20K
(4.8%) | |
| Price Increased | |||
| Jun 23, 2026 | Price Decreased |
$413,000
↓ $22K
(5.1%) | |
| Price Decreased | |||
| Jun 11, 2026 | Price Increased |
$435,000
↑ $20K
(4.8%) | |
| Price Increased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017