179 Upper Gore 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 |
|---|---|---|---|
| Apr 30, 2024 | Sold | ||
| Sold | |||
| Apr 8, 2024 | In contract | - | |
| In contract | |||
| Feb 14, 2024 | Listed by Lake Realty | $999,900 | |
| Listed by Lake Realty | |||
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ATTENTION LAND LOVERS LOOKING FOR SOMETHING EXCEPTIONAL!! These 76 ACRES with Developable Views of WEBSTER LAKE are now Worth Your Consideration! Whether You’re Looking for the Perfect Place to Build Your Next Home, to Walk on, to Camp on, to Board and Ride Your Horses on, to Hunt on, to Use Your Snowmobiles, Cross Country Skis, Dirt Bikes, Mountain Bikes, ATVs on with its Miles of Trails! Sit by the Babbling Brooks and Listen to the Water Flowing and Falling! Extra Privacy by Abutting 2,062’ of the Douglas, MA State Forest Boundary! Ideal for Solar without any Obstructions! Plenty of Fallen and Standing Firewood! The Pallet is Set, Start Dreaming! For the Builders/Developers it’s Zoned Agricultural Single Family, Minimum 50' Road Frontage, Minimum 50' Building Line, Minimum 1 Acre (43,560'), Setbacks of 30' Road, 15' Side & 15' Rear. With 759' of Road Frontage, adjusting for irregularities, there's a Possibility of 7+ Lots without putting a Road! Start Planning to Build Your Compound!
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| Feb 11, 2024 | No longer available | - | |
| No longer available | |||
| May 8, 2023 | Listed by Aprilian Inc. | $1,200,000 | |
| Listed by Aprilian Inc. | |||
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**Developers take notice** 76 Acres for sale with panoramic views of Webster Lake. Over 600ft of frontage on Upper Gore Rd. It could also be a potential solar farm development. The land is gently sloping to allow maximum potential for a cul-de sac or other development. Property also abuts the Douglas State Forest on the east side for lots of privacy throughout the lot. The property has existing ATV/mountain biking/hiking trails. Maybe a mountain biking or ATV club wants to host races locally? The possibilities are endless. Buyer to do their own due diligence in regards to uses. View the drone video attached to the listing
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017