1853 County Road 3550
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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%.
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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 21, 2022 | Sold | ||
| Sold | |||
| Aug 9, 2022 | Listed by Keller Williams Metropolitan | $70,000 | |
| Listed by Keller Williams Metropolitan | |||
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Lot available in Grand San Jacinto subdivision. Low deed Restrictions. Can be used as residential or commercial lot. Lot next to it available as well. Both can make a nice 1acre commercial lot approximately, This road feeds to Santa Fe subdivision right to the new school in Santa Fe section 6. Traffic is increasing as people move in into Santa Fe development. A Couple of blocks away from Valero Gas station. Lots were cleared two years ago.
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Last Updated: 4 months ago
Data Source: HAR , MLS# 72919237
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017