187 Faller 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 |
|---|---|---|---|
| Mar 22, 2024 | Sold | ||
| Sold | |||
| Feb 19, 2024 | In contract | - | |
| In contract | |||
| Nov 15, 2023 | Listed by Keller Williams Real Estate-Clarks Summit | $189,900 | |
| Listed by Keller Williams Real Estate-Clarks Summit | |||
| Nov 13, 2021 | No longer available | - | |
| No longer available | |||
| Apr 10, 2021 | Listed by RE/MAX Best | $199,900 | |
| Listed by RE/MAX Best | |||
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Come build your dream home on a quiet country road with two parcel equaling 24.76 acres of level, with a mixture of fields and partly wooded land, there is a small stream on the rear of the property where your horses can drink. There is an existing well and a current septic system.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017